Russia’s Yandex seeks Putin’s approval for restructuring – FT

Russia’s Yandex seeks Putin’s approval for restructuring – FT

(Reuters) -Russian internet giant Yandex NV is seeking President Vladimir Putin’s approval to sell its operations in the country and spin off its main international projects, the Financial Times reported on Thursday, citing sources.

The company has informally enlisted former finance minister Alexei Kudrin to win Putin’s approval, in principle, for the restructuring plan, according to the report.

If Putin gives his final assent at their meeting later in the day, Kudrin is…


Source link

About search

Check Also

Insiders Sell, Yandex Plummets. Should You Worry? – AOL

Insiders Sell, Yandex Plummets. Should You Worry? – AOL

[unable to retrieve full-text content]Insiders Sell, Yandex Plummets. Should You Worry?  AOL Source link

Leave a Reply

Your email address will not be published. Required fields are marked *