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Feb 5, 2024 · 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...
Feb 5, 2024 · LONDON, Feb 5 (Reuters) - Yandex NV has struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed "Russia's Google" to a group of Russian investors, marking the biggest...
Feb 5, 2024 · The Kremlin-engineered deal would see Russia's largest technology player fall entirely under Russian ownership, including a fund ultimately owned by oil major Lukoil, and cement Yandex's...
Aug 28, 2024 · The Investor Relations website contains information about Yandex business for stockholders, potential investors, and financial analysts.
Feb 8, 2024 · An entity formed of senior Yandex managers will become the Russian internet company's largest shareholder with a 35% stake should a $5.2 billion cash and share deal go through, Yandex NV said...
The sale to a consortium of investors means Yandex's Russian business is now a fully Russian-owned entity. The firm has previously been accused of hiding information about the war in Ukraine...
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Is Yandex a 'Russia's Google'?
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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 country...