April 5, 2018 / 7:21 AM / 3 months ago

BRIEF-Mail.Ru Says Will Participate In Funding Round Of Taxi Aggregator Citymobil

April 5 (Reuters) - Mail.ru Group Ltd:

* WILL PARTICIPATE IN LATEST FUNDING ROUND OF CITYMOBIL, A TAXI AGGREGATOR.

* MAIL.RU GROUP ALONGSIDE OTHER INVESTORS, INCLUDING MEGAFON, WILL PARTICIPATE IN ROUND.

* MAIL.RU GROUP WILL INVEST UP TO $12 MILLION AND WILL GET A UP TO A 26% MINORITY STAKE IN COMPANY.

* MAIL.RU GROUP WILL NOT CONSOLIDATE CITYMOBIL IN ITS FINANCIAL RESULTS. Source text for Eikon: Further company coverage:

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