Tech company Yandex is selling Russian operations for $5 billion. It’s a big discount

Tech company Yandex is selling Russian operations for $5 billion. It’s a big discount

search February 5, 2024 Yandex News Leave a comment 6 Views

The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of just over $5 billion to its Russia-based managers and oil company Lukoil

By

DAVID McHUGH AP Business Writer

February 5, 2024, 8:29 AM ET

3 min read

FRANKFURT, Germany — The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of just over $5 billion to its Russia-based managers and oil…


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