Milner sells Mail.ru block

Goldman Sachs ran a $60m accelerated bookbuild for a secondary sale of Mail.ru shares on Tuesday evening, launching and pricing the deal in an hour after the London close.

  • 21 Sep 2011

Chairman Yuri Milner sold half his stake through the sale, 1.7m shares, or 0.8% of the company. It represented around four days’ trading volume in the stock which has performed well since its IPO and remains above its listing price.

The sole bookrunner launched the deal with a price ...

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