Tag Archives: Sale

OREANDA-NEWS The Government Commission for the Control of Foreign Investments has approved a deal for the acquisition by a Russian group of investors of 96.3% of the shares of MKAO Yandex from the Dutch Yandex N.V. Vedomosti writes about this. Earlier, the FAS stated that Yandex Taxi occupies a dominant position in the market. Russian President Vladimir Putin also allowed foreigners to make transactions with shares of Yandex Bank. Source link

Tech giant Yandex — dubbed “Russia’s Google” — has agreed to sell its Russian assets to a consortium of investors for $5.2 billion, the biggest corporate exit from the country since the Kremlin’s invasion of Ukraine in 2022. The company, which is registered in the Netherlands but conducts most of its business in Russia, said that the government-backed sale includes 95% of its assets, including the country’s most-popular search engine, a ride-sharing application, and an… Source link

By Alexander Marrow LONDON (Reuters) – A $5.2 billion cash and share deal to sell the key Russian assets of technology group Yandex, often labelled as “Russia’s Google”, to a consortium of Russian investors was announced on Monday after months of negotiations. Here’s why the deal is significant. RUSSIA’S LARGEST TECH ASSET Moscow has long sought to gain more influence over Yandex, set up in the dotcom boom in the late 1990s, as it became a key player in online services such as search and… Source link

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

[unable to retrieve full-text content]Yandex Search Engine Assets For Sale 11/16/2023  MediaPost Communications Source link

[unable to retrieve full-text content]Yandex Parent Mulls Sale of Entire Russian Business  Marketscreener.com Source link

[unable to retrieve full-text content]Report: Yandex search engine for sale  Search Engine Land Source link

Yandex N.V., which is now a Dutch holding company, is looking to sell off its search engine and all of its other Russian assets as part of a deal estimated to be between $5 billion and $6 billion, Reuters reported. Likely sale? A sale could come as early as December. Yandex N.V. might sell 100% of all its Russian assets or hold share options. “Dutch holding company Yandex NV’s planned restructuring is aimed at… Source link

[unable to retrieve full-text content]Google Pixel Buds Pro are on sale for $117  Engadget Source link

[unable to retrieve full-text content]Yandex for sale  en.thebell.io Source link