Dutch e-commerce group Prosus expects to write off its $769M investment in Russian social media service VK and asks its VK board directors to resign (Loni Prinsloo/Bloomberg)

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Loni Prinsloo / Bloomberg:

Dutch e-commerce group Prosus expects to write off its $769M investment in Russian social media service VK and asks its VK board directors to resign  —  Prosus NV expects to write off $769 million and asked its directors on the board of social media platform VK Co. Ltd. to resign following sanctions …

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