Tag Archives: divestment

Yandex N.V. announces results of Shareholder Meetings and provides update on proposed divestment

Yandex N.V. announces results of Shareholder Meetings and provides update on proposed divestment

Yandex N.V. announces results of Shareholder Meetings and provides update on proposed divestment AMSTERDAM, the Netherlands — March 7, 2024 — Yandex N.V. (NASDAQ: YNDX) (the “Company” or “YNV”), the Dutch parent company of the Yandex Group, today announced that all resolutions proposed at the Meeting of Holders of Class A Ordinary Shares (the “Class A Meeting”) and the Extraordinary General Meeting of Shareholders of the Company (the “EGM”), both held on March 7,… Source link

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Yandex parent to review ownership of Russian tech giant, seek divestment

Yandex parent to review ownership of Russian tech giant, seek divestment

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Nov 25 (Reuters) – Russian internet giant Yandex’s (YNDX.O) Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. Yandex N.V. said it had started a “strategic process to review options to restructure the group’s ownership and governance in light… Source link

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Yandex Parent To Review Ownership of Russian Tech Giant, Seek Divestment

Yandex Parent To Review Ownership of Russian Tech Giant, Seek Divestment

Russian internet giant Yandex’s Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. From a report: Yandex N.V. said it had started a “strategic process to review options to restructure the group’s ownership and governance in light of the current geopolitical environment.” “As part of the intended restructuring of the group, the… Source link

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