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1. www.reuters.com › markets › dealsWhy the $5.2 billion sale of Russia's Yandex is significant

   www.reuters.com › markets › deals

   Feb 5, 2024 · The sale to a group of Russian investors would bring Yandex under the control of only Russian entities for the first time. Yandex, which went public on Nasdaq in 2011 through its...

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3. ir.yandex › press-releasesYandex N.V. Announces Binding Agreement to Divest its Russia ...

   ir.yandex › press-releases

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   Under the terms of the proposed transaction, YNV will sell its entire interest in IJSC “Yandex”, an international joint stock company incorporated in Russia that will hold all of Yandex's assets and operations in Russia and certain international markets (the “Target”).

4. www.independent.co.uk › news › worldYandex: Why the sale of ‘Russia’s Google’ will be welcomed by ...

   www.independent.co.uk › news › world

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   Feb 5, 2024 · A $5.2 billion cash and share deal to sell the key Russian assets of technology group Yandex , often labelled as “ Russia ’s Google ”, to a consortium of Russian investors was announced on Monday...

5. www.channelnewsasia.com › business › explainer-whyExplainer: Why the US$5.2 billion sale of Russia's Yandex is ...

   www.channelnewsasia.com › business › explainer-why

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   Feb 5, 2024 · LONDON: A US$5.2 billion cash and share deal to sell the key Russian assets of technology group Yandex, often labelled as "Russia's Google", to a consortium of Russian investors was...

6. www.nytimes.com › europe › yandex-russia-saleYandex Reaches $5 Billion Deal to Exit Russia - The New York ...

   www.nytimes.com › europe › yandex-russia-sale

   Feb 5, 2024 · Under its terms, Yandex’s Dutch-registered parent company, known as YNV, would sell all its businesses based in Russia, which represented 95 percent of its revenues between January and...

7. www.themoscowtimes.com › 2024/02/05 › yandex-nvYandex NV Strikes $5.2Bln Deal With Russian Investors

   www.themoscowtimes.com › 2024/02/05 › yandex-nv

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   Feb 5, 2024 · Tech giant Yandex announced Monday it has agreed to sell its Russian assets to a consortium of Russian investors for 475 billion rubles ($5.2 billion).

8. People also ask

   Will Yandex sell its assets in Russia?

   • The parent firm of Russia’s most prominent technology company, Yandex, said it has agreed to sell all its assets in the country for about $5 billion, which would be one of the largest corporate exits from Russia since its invasion of Ukraine.

   Yandex Reaches $5 Billion Deal to Exit Russia - The New York Times

   www.nytimes.com/2024/02/05/world/europe/yandex-russia-sale.html

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   Is Yandex a 'Russia's Google'?

   • LONDON, Feb 5 (Reuters) - A $5.2 billion cash and share deal to sell the key Russian assets of technology group Yandex (YNDX.O), often labelled as "Russia's Google", to a consortium of Russian investors was announced on Monday after months of negotiations. Here's why the deal is significant.

   Why the $5.2 billion sale of Russia's Yandex is significant

   www.reuters.com/markets/deals/why-52-bln-sale-russias-yandex-is-significant-2024-02-05/

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   Does Yandex get $5 billion deal to quit Russia?

   • A version of this article appears in print on , Section B, Page 4 of the New York edition with the headline: Yandex Reaches $5 Billion Deal to Quit Russia. Order Reprints | Today’s Paper | Subscribe

   Yandex Reaches $5 Billion Deal to Exit Russia - The New York Times

   www.nytimes.com/2024/02/05/world/europe/yandex-russia-sale.html

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   Is Yandex still a good investment if Russia invaded Ukraine?

   • Since Russia invaded Ukraine in February 2022, scores of foreign-owned businesses have exited the market, with many abandoning assets on unfavourable terms. The Kremlin demands a discount of at least 50% on deals involving foreign owners, meaning that although Yandex largely serves the Russian market, it is still subject to those terms.

   Yandex: Why the sale of ‘Russia’s Google’ has been welcomed by Putin

   www.independent.co.uk/news/world/europe/yandex-sold-russia-google-putin-b2490649.html

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   Will YNV sell Yandex?

   • The Transaction Under the terms of the proposed transaction, YNV will sell its entire interest in IJSC “Yandex”, an international joint stock company incorporated in Russia that will hold all of Yandex's assets and operations in Russia and certain international markets (the “Target”).

   Yandex N.V. Announces Binding Agreement to Divest its Russia-based B…

   ir.yandex/press-releases?year=2024&id=05-02-2024

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   How much is Yandex worth?

   • The $5.2 billion deal is a significantly lower price than Yandex's ultimate value - its market capitalisation briefly approached $30 billion in 2021 - but would be one of the largest deals since the war began. The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022.

   Why the $5.2 billion sale of Russia's Yandex is significant

   www.reuters.com/markets/deals/why-52-bln-sale-russias-yandex-is-significant-2024-02-05/

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9. www.wsj.com › business › dealsYandex Owner to Sever Ties to Russia With $5.2 Billion Sale

   www.wsj.com › business › deals

   Feb 5, 2024 · Yandex, the tech company often referred to as Russia’s Google, has agreed to sell its Russian assets to a group of local investors for $5.2 billion, the largest corporate exit from the...