Tag Archives: Yandex

March 7 (Reuters) – Shareholders of Dutch-registered Yandex NV approved the sale of “Russia’s Google,” the country’s most valuable technology asset, to a management-led consortium of Russian investors, the company said on Thursday. Yandex last month struck a 475-billion-rouble ($5.27 billion) deal after months of negotiations to sell its assets in Russia at a heavily discounted price due to Kremlin demands on foreign asset sales. (Reporting by Alexander Marrow and… Source link

Saudi Tourism Authority has partnered with Yandex Travel, a prominent Russian online travel agency and aggregator, to capture the outbound Russian tourist market, the company announced on March 6. This collaboration aims to position Saudi Arabia as a prime destination for leisure travel and target… Source link

By Alexander Marrow LONDON (Reuters) – Two of Russia’s largest corporate exit deals since Moscow’s invasion of Ukraine are up for shareholder approval on Thursday, with “Russia’s Google” Yandex and major mining assets set to pass to Russian ownership in transactions totalling around $9 billion. Dutch-registered Yandex NV, struck a 475-billion-rouble ($5.27 billion) deal to sell its local subsidiary – Russia’s most valuable technology asset – to Russian investors, while precious metals producer… Source link

Schroder Investment Management Group raised its holdings in Yandex (NASDAQ:YNDX – Free Report) by 3.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,827,261 shares of the information services provider’s stock after buying an additional 235,216 shares during the period. Schroder Investment Management Group owned about 1.89% of Yandex worth $129,308,000 as of its most recent filing with the… Source link

MOSCOW (Reuters) – A subcommittee of the Russian government commission for control over foreign investments has approved a number of deals for a group of Russian investors to buy 96.3% of Yandex NV’s Russian business, Russian newspaper Vedomosti reported on Wednesday citing sources. Yandex NV had struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed “Russia’s Google” to a group of Russian investors last month, marking the biggest corporate exit from the country since… Source link

MOSCOW (Reuters) – A subcommittee of the Russian government commission for control over foreign investments has approved a number of deals for a group of Russian investors to buy 96.3% of Yandex NV’s Russian business, Russian newspaper Vedomosti reported on Wednesday citing sources. Yandex NV had struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed “Russia’s Google” to a group of Russian investors last month, marking the biggest corporate exit from the country since… Source link

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

Yandex N.V. Reminds Shareholders of upcoming EGM and Class A Meeting   Amsterdam, the Netherlands, March 4, 2024 — Yandex N.V. would like to remind shareholders that the Company’s EGM and Class A Shareholders meetings are scheduled to take place on 7 March 2024. Yandex N.V. brings to shareholders for their approval the proposal to divest its Russia-based businesses and to retire various corporate governance and capital structures introduced in 2019, to align with the Company’s new… Source link

PubMatic (NASDAQ:PUBM – Get Free Report) and Yandex (NASDAQ:YNDX – Get Free Report) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, dividends, institutional ownership, risk and profitability. Earnings & Valuation This table compares PubMatic and Yandex’s gross revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net… Source link

In early February, Yandex NV (YNV) – the Dutch parent company of Russia’s online giant Yandex, often referred to as the “Russian Google”- announced its long expected exit from Russia. YNV is selling its Russian assets to a consortium of investors led by the Russian management team for RUB475bn ($5.2bn) in the largest corporate exit from Russia since the country’s invasion… Source link