April 28 (Reuters) - Russia’s second biggest mobile phone operator Megafon says:
* Announces agreement to merge Svyaznoy and Euroset retail chains;
* Megafon owns 100 percent of shares of Euroset Group, and SLV Group, the controlling shareholder of Svyaznoy Group;
* SLV will become the controlling shareholder of the merged company;
* The parties expect to complete the transaction by the middle of May. Source text for Eikon: Further company coverage: (Reporting by Moscow Newsroom)