By Alexander Marrow, Andrey Ostroukh MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash-and-share sale of online bank Tinkoff to internet giant Yandex ended. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Discussions over the potential tie-up, which would have increased competition for Russia’s… Source link
Read More »Russia’s Yandex and TCS terminate $5.48 billion Tinkoff talks
By Alexander Marrow, Andrey Ostroukh MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash-and-share sale of online bank Tinkoff to internet giant Yandex ended. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Discussions over the potential tie-up, which would have increased competition for Russia’s… Source link
Read More »Russia’s TCS Group says Tinkoff sale to Yandex now off
FILE PHOTO: The logo of Tinkoff Bank is seen on a board at the St. Petersburg International Economic Forum (SPIEF), Russia, June 6, 2019. REUTERS/Maxim Shemetov MOSCOW (Reuters) – Russian bank TCS Group Holding TCSq.L on Friday said it had terminated discussions over a possible $5.48 billion sale of its online bank Tinkoff to internet giant Yandex YNDX.O. TCS said the two parties had agreed not to proceed with the cash-and-shares transaction and terminated negotiations immediately, adding… Source link
Read More »Yandex and Tinkoff Group Terminate Discussions
TipRanks Raymond James Says These 3 Stocks Could Surge Over 100% From Current Levels Election day is just around the corner, and Wall Street is placing its bet on a Democratic sweep. Following the Presidential debate on September 29, the chance of a Biden victory has been increasing in the market.Since September 30, the S&P 500 has moved 5.5% higher. That said, the rotation into cyclicals and small-caps has been much more pronounced, with the Russell 2000 surging 8.5% over the same… Source link
Read More »Yandex and Tinkoff Group Terminate Discussions Nasdaq:YNDX
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8. OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”). MOSCOW and AMSTERDAM, Oct. 16, 2020 (GLOBE NEWSWIRE) — Yandex N.V. (NASDAQ and MOEX: YNDX) (“Yandex,” “we” or the “Company”), one of… Source link
Read More »Braves rookie Bryse Wilson steps up at Clayton Kershaw’s expense
After five-and-a-half innings, Atlanta Braves manager Brian Snitker left the top step of the dugout, walked past the coolers, past the buckets, past spray bottles and candy bars and binders thick with important information like how to shut down the Los Angeles Dodgers again. He arrived at Bryse Wilson, his 22-year-old starting pitcher who was seated on the bench having thrown 74 pitches and the game of his life. Snitker extended his hand. They hadn’t won yet, but they were getting around to… Source link
Read More »Pixel 5 review: Google gets back to basics | Technology
The Pixel 5 is Google’s top smartphone for 2020. It comes with 5G and a simplified design that’s very similar to the excellent, cheaper Pixel 4a. It’s available in either black or green and costs £599, fitting in above the larger but cheaper £499 Pixel 4a 5G and the smaller £349 Pixel 4a. Google has ditched the hi-tech Soli radar system and face recognition from the Pixel 4 and gone back to basics for a much simpler design. It is all-screen on the front, with an aluminium body… Source link
Read More »Aldi shoppers confused over little-known checkout rule
Aldi customers have shared their surprise about a little-known checkout rule preventing parents from buying alcohol while shopping with their children. A woman inquired about the rule on the supermarket’s Facebook page late last week, causing dozens of shoppers to share in her confusion. “Parents shopping with children are not allowed to purchase alcohol?” she wrote. The customer didn’t say how she had fund out about the rule but insisted it was not fair for single parents. “There… Source link
Read More »LeBron James has fun reaction to holding Larry O’Brien Trophy
For the fourth time in his 17-year career, LeBron James is an NBA champion. A four-season layoff between titles isn’t long for many, but it was the longest layoff for James since he first hoisted the Larry O’Brien Trophy back in 2012. Since James’ last title with the Cleveland Cavaliers in 2016, the Golden State Warriors superteam and Los Angeles Lakers rebuilding project caused him to go four-plus years without a championship. Poor guy. So when James was reunited with the trophy on… Source link
Read More »‘You’re not like someone’s crazy uncle’
Donald Trump defended spreading a preposterous conspiracy theory about the death of Osama bin Laden during a town hall on NBC Thursday night, saying he had merely been passing along a supporter’s view. “That was an opinion of somebody and that was a retweet. I’ll put it out there. People can decide for themselves,” he said, when questioned by NBC’s Savannah Guthrie about his passing along a theory that the killing of bin Laden by Navy SEAL Team 6 had been staged, and that members of… Source link
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