http://www.finamrus.com/newtopics/news03BC3/default.asp
AFK Sistema has penned an agreement to purchase a 41% stake in Shyam Telelink Ltd. , enabling it to raise its stake in the company to 51%, the holding said in a statement. Also, AFK Sistema entered into an option agreement whereby it could increase its equity position in Shyam Telelink from 51% to 74%. The fulfillment of the agreement and the option is driven by the approval obtained from India's Foreign Investment Promotion Board (FIPB). The price of the deal to buy up 51% of Shyam Telelink will total $58.1 mln.
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