Mail.ru Group, formerly known as Digital Sky Technologies and notable investor in Internet sensations Facebook, Groupon and Zynga, among others, has filed for a $876 million IPO on the London Stock Exchange that would value the investment firm at up to $5.7 billion. That valuation is higher than expected (earlier reports predicted a $5 billion valuation).
Source: http://feedproxy.google.com/~r/Techcrunch/~3/0KGPAiaEevY/
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