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Goldbach Group sells Goldbach Interactive Russia


Wednesday, 4 Jun 2014 01:00am EDT 

Goldbach Group AG:Says withdraws from Russia.Says decided to sell Goldbach Interactive Russia to Russian internet company.Says sale due to difficult market environment in Russia and unsatisfactory growth in business.Says parties have agreed not to disclose sale price.Says no significant impact on business results in 2014 is expected as result of market exit.