Russian Investment Group DST Ups Its Facebook Stake To 5%+, Wants More

Digital Sky Technologies , the Russian investment group founded by Yuri Milner and Gregory Finger, has increased its stake in social networking leader Facebook to more than 5% of the American company, Russia’s leading business newspaper Kommersant reports . Furthermore, DST is looking to increase its stake in Facebook even more, according to Yakov Sadchikov from Quintura, who picked up on the news this morning. The Russian investment group earlier this year invested $200 million in Facebook, giving the company a $10 billion valuation

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Russian Investment Group DST Ups Its Facebook Stake To 5%+, Wants More