Open joint stock company MegaFon (MICEX:MFON) agreed to acquire Confectus Holdings Limited on September 7, 2012. The transaction was approved by the Board of Directors of MegaFon. MegaFon's shareholders will consider the deal at their emergency general meeting (EGM) scheduled for October 15, 2012.

Open joint stock company MegaFon (MICEX:MFON) completed the acquisition of Confectus Holdings Limited on January 9, 2013.