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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 · 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...

2. finance.yahoo.com › news › yandex-nv-agrees-5-2Search engine Yandex owner to exit Russia in $5.2 billion deal

   finance.yahoo.com › news › yandex-nv-agrees-5-2

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   Feb 5, 2024 · LONDON (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...

3. seekingalpha.com › news › 4036390-yandex-to-sell-allYandex to sell all Russian assets, distribute proceeds - reports

   seekingalpha.com › news › 4036390-yandex-to-sell-all

   Nov 14, 2023 · Yandex NV (NASDAQ: YNDX) plans to sell its entire Russian business, including the country's most popular search engine. A group of Russian tycoon's bidding for the assets wants a full break with...

   • Author: Joshua Fineman

4. www.reuters.com › technology › yandex-nv-agrees-52Yandex owner to exit Russia in $5.2 billion deal | Reuters

   www.reuters.com › technology › yandex-nv-agrees-52

   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...

5. www.reuters.com › technology › yandex-nvYandex NV shareholders approve sale of Russian assets to ...

   www.reuters.com › technology › yandex-nv

   Mar 7, 2024 · March 7 (Reuters) - Shareholders of Dutch-registered Yandex NV (YNDX.O) approved the sale of "Russia's Google," the country's most valuable technology asset, to a management-led consortium of...

6. ir.yandexInvestor Relations | Yandex

   ir.yandex

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   Today Yandex is the leading IT company in Russia, with more than 90 services — from ride hailing to food delivery services; from e-commerce to streaming services. Read more. The Investor Relations website contains information about Yandex business for stockholders, potential investors, and financial analysts.

7. People also ask

   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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   Did Yandex sell 'Russia's Google' to Russian investors?

   • By Alexander Marrow, Darya Korsunskaya and Polina Devitt LONDON (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 corporate exit from the country since Moscow invaded Ukraine almost two years ago.

   Search engine Yandex owner to exit Russia in $5.2 billion deal

   finance.yahoo.com/news/yandex-nv-agrees-5-2-061304472.html

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   Should Yandex be sold to a group of Russian investors?

   • 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 Dutch-registered holding company Yandex NV, has a free-float of almost 88%, with many Western investors among its shareholders.

   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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   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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   Is Yandex a profitable company?

   • At that time, the team consisted of 25 people, and all the data was placed on one server. Already in 2003, the company became profitable. Today Yandex is the leading IT company in Russia, with more than 90 services — from ride hailing to food delivery services; from e-commerce to streaming services.

   Investor Relations | Yandex

   ir.yandex/

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   How will Yandex (YNDX) sell?

   • Proceeds from the sale will be distributed to investors either through buybacks or dividends. Bloomberg reported in May that Yandex ( YNDX) has received bids from billionaires Vladimir Potanin and Vagit Alekperov to buy a controlling stake in the company for about $7 billion.

   Yandex to sell all Russian assets, distribute proceeds - reports

   seekingalpha.com/news/4036390-yandex-to-sell-all-russian-assets-distribute-proceeds-reports

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8. seekingalpha.com › article › 4705401-yndx-valuationYandex: Valuation After The Sale Of Assets - Seeking Alpha

   seekingalpha.com › article › 4705401-yndx-valuation

   Jul 22, 2024 · Yandex N.V. also plans to rename the company to Nebius Group. YNDX's shareholders are expected to vote on these and a number of other issues at the AGM, which will be held on August 15.