Tag Archives: divestment

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

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

By Alexander Marrow, Darya Korsunskaya and Polina Devitt MOSCOW -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. Since Russia launched what it calls a “special military operation” in Ukraine in late February, Nasdaq-listed Yandex, often referred to as “Russia’s Google”, has grappled with domestic pressure on… Source link

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Yandex Announces Completion of News and Zen Divestment and Acquisition of Delivery Club

Yandex Announces Completion of News and Zen Divestment and Acquisition of Delivery Club

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. MOSCOW, RUSSUA, AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / September 12, 2022 / Yandex N.V., a Dutch public limited company, today announced that its Russian operating subsidiary has completed the sale of the news aggregation platform and Zen infotainment service to VK, as well as the acquisition of 100% of the food delivery service Delivery Club. The transaction has received… Source link

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Yandex announces completion of News and Zen divestment and acquisition of Delivery Club

Yandex announces completion of News and Zen divestment and acquisition of Delivery Club

EquityStory.RS, LLC-News: Yandex N.V. / Key word(s): Miscellaneous/Miscellaneous Yandex announces completion of News and Zen divestment and acquisition of Delivery Club 12.09.2022 / 12:30 MSKThe issuer is solely responsible for the content of this announcement. Yandex announces completion of News and Zen divestment and acquisition of Delivery Club Moscow, Amsterdam, September 12, 2022 – Yandex N.V., a Dutch public limited company, today announced that its Russian operating subsidiary has… Source link

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Yandex Announces Completion of News and Zen Divestment and Acquisition of Delivery Club

Yandex Announces Completion of News and Zen Divestment and Acquisition of Delivery Club

MOSCOW, RUSSUA, AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / September 12, 2022 / Yandex N.V., a Dutch public limited company, today announced that its Russian operating subsidiary has completed the sale of the news aggregation platform and Zen infotainment service to VK, as well as the acquisition of 100% of the food delivery service Delivery Club. The transaction has received approval from the Federal Antimonopoly Service. Delivery Club will become a part of Yandex’s E-commerce, Mobility and… Source link

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