05.02.2024, 09:45
Yandex N.V. sold the Russian Yandex to a consortium of private investors
Source: OREANDA-NEWS
OREANDA-NEWS The Dutch Yandex N.V. has concluded a deal to sell the Russian business of Yandex for 475 billion rubles to a consortium of private investors, the company said.
It is noted that 475 billion rubles is the cost, taking into account a discount of at least 50% of the market value in accordance with the requirements of the government commission for the control of foreign investments.
The deal must be agreed upon by Yandex N.V. shareholders and regulatory authorities.
It is noted that 475 billion rubles is the cost, taking into account a discount of at least 50% of the market value in accordance with the requirements of the government commission for the control of foreign investments.
The deal must be agreed upon by Yandex N.V. shareholders and regulatory authorities.
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