Facebook Investor Mail.ru Prices IPO, Raising $912 Million

Mail.ru, a Russian internet company that holds a 2.4% stake in Facebook, has priced its London IPO at $27.70 per share, raising $912 million, Reuters reported. Moscow-based Mail.ru sold 32.93 million shares in the IPO, representing a 17% stake in the company prior to an overallotment option, Reuters said. In addition to Facebook, Mail.ru holds stakes U.S. internet start-ups Groupon and in San Francisco-based Zynga Game Network, the maker of the popular “FarmVille” Facebook game.

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