Tag Archives: push

Yandex gets oligarch backing for growth push

Yandex gets oligarch backing for growth push

Yandex, the Russian internet company, has raised $800m through a sale of new shares to US investors and a private placement to a consortium of Russian oligarchs and VTB Bank. Goldman Sachs acted as the sole adviser on the placing. As part of an $800m share sale, Yandex sold $200m of shares to US investors and placed $600m of shares in a private placing to VTB Capital, Chelsea football club owner Roman Abramovich  and Treliscope Ltd, … Source link

Read More »