March 7 (Reuters) – Shareholders of Dutch-registered Yandex NV approved the sale of “Russia’s Google,” the country’s most valuable technology asset, to a management-led consortium of Russian investors, the company said on Thursday. Yandex last month struck a 475-billion-rouble ($5.27 billion) deal after months of negotiations to sell its assets in Russia at a heavily discounted price due to Kremlin demands on foreign asset sales. (Reporting by Alexander Marrow and… Source link
Read More »Russian government approves Yandex NV deal to sell Russian assets
MOSCOW (Reuters) – A subcommittee of the Russian government commission for control over foreign investments has approved a number of deals for a group of Russian investors to buy 96.3% of Yandex NV’s Russian business, Russian newspaper Vedomosti reported on Wednesday citing sources. Yandex NV had struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed “Russia’s Google” to a group of Russian investors last month, marking the biggest corporate exit from the country since… Source link
Read More »Russian government approves Yandex NV deal to sell Russian assets
MOSCOW (Reuters) – A subcommittee of the Russian government commission for control over foreign investments has approved a number of deals for a group of Russian investors to buy 96.3% of Yandex NV’s Russian business, Russian newspaper Vedomosti reported on Wednesday citing sources. Yandex NV had struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed “Russia’s Google” to a group of Russian investors last month, marking the biggest corporate exit from the country since… Source link
Read More »Yandex takes a big hit to get rid of Russian assets – TechCrunch
[unable to retrieve full-text content]Yandex takes a big hit to get rid of Russian assets TechCrunch Source link
Read More »Yandex parent company announces $5.2 billion deal to sell Russian assets — Meduza
After a year and a half of negotiations, Yandex founder Arkady Volozh and foreign shareholders have reached a deal to part ways with the company’s Russian assets. The Russian IT giant’s Netherlands-based parent company announced Monday that it will sell a large portion of its operations to a consortium of Russian investors before rebranding and continuing to develop its remaining international properties. The Russian investment fund making the purchase, called Consortium.First, includes… Source link
Read More »Yandex Search Engine Assets For Sale 11/16/2023
Search engines face challenges as they look to protect assets during difficult economic times and the turmoil of war. Some smaller engines are either trying to sell off assets or partner with larger companies with strong technology they can capitalize on. Yandex’s Dutch holding company is considering selling its Russian … Source link
Read More »Yandex Search Engine Assets For Sale 11/16/2023 – MediaPost Communications
[unable to retrieve full-text content]Yandex Search Engine Assets For Sale 11/16/2023 MediaPost Communications Source link
Read More »Yandex shares grow on media reports about plans to sell assets in … – ИА Ореанда-Новости
[unable to retrieve full-text content]Yandex shares grow on media reports about plans to sell assets in … ИА Ореанда-Новости Source link
Read More »Exclusive: Yandex NV could sell Russian assets all at once – Reuters
[unable to retrieve full-text content]Exclusive: Yandex NV could sell Russian assets all at once Reuters Source link
Read More »Exclusive-Yandex NV could sell Russian assets all at once – SaltWire NS
[unable to retrieve full-text content]Exclusive-Yandex NV could sell Russian assets all at once SaltWire NS Source link
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