Tag Archives: Deal

Yandex is set to be sold to a group of Russian investors. Yandex NV, the Dutch parent company of Yandex, announced today that it has reached a $5.21 billion deal to sell most of its Russian operations to a consortium led by investors with ties to Russian oil giant Lukoil. Under the terms of the deal, a new investment fund, Consortium.First, will acquire Yandex”s leading search, advertising, ride-hailing, and other services that generate over 95% of its… Source link

Yandex NV has struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed “Russia’s Google” to a group of Russian investors, marking the biggest corporate exit from the country since Moscow invaded Ukraine almost two years ago. The Kremlin-engineered deal would see Russia’s largest technology player fall entirely under Russian ownership, including a fund ultimately owned by oil major Lukoil, and cement Yandex’s departure from Western tech circles. Once seen as one… Source link

Tech giant Yandex announced Monday it has agreed to sell its Russian assets to a consortium of Russian investors for 475 billion rubles ($5.2 billion). The Amsterdam-based Yandex N.V. had been negotiating a restructuring after Western sanctions over Russia’s war in Ukraine forced Yandex to effectively split into two companies, with one based in Russia and the other in the Netherlands.  “Yandex N.V., the Dutch parent company of the Yandex group… has entered into a definitive… Source link

Google announced its biggest deal yet to purchase offshore wind energy for its data centers in Europe, signing power purchase agreements to support two new wind farms off the coast of the Netherlands. It’s part of Google’s plan to match all of its data center electricity consumption with clean energy generation on a 24/7 basis by 2030. To do that, the company will need to help get more renewable energy, including offshore wind, pulsing through power grids where it operates. It shared… Source link

[unable to retrieve full-text content]Why the 49ers likely won’t give Brock Purdy a $50 million per year deal | Zero Blitz  Yahoo Sports Source link

[unable to retrieve full-text content]Yandex’s restructuring deal expected to be delayed to next year  Reuters Source link

[unable to retrieve full-text content]Yandex’s restructuring deal expected to be delayed to next year  IndiaTimes Source link

[unable to retrieve full-text content] Canada, Google reach C$100 mln deal to keep news in search results  Reuters Google blinks first in its war with Canada by agreeing to pay $74 million annually for online news after threatening to block it  Fortune Google to pay $100M a year to Canadian news outlets in last-minute deal: report  New York Post Source link

[unable to retrieve full-text content]Volozh and Kudrin reportedly pushed aside in Yandex deal  bne IntelliNews Source link

[unable to retrieve full-text content]Volozh and Kudrin reportedly pushed aside in Yandex deal  bne IntelliNews Source link