Megafon‘s board has approved the acquisition of a majority voting stake in local internet group Mail.ru for US$740m from billionaire Alisher Usmanov, who holds shares in both companies. The Russian telco is looking to combine its operations with Mail.ru’s content services to achieve “significant synergies” following a surge in strategic convergence deals in recent months. Megafon‘s (MCX:MFON) board has […]