Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff (Reuters)

Reuters:

Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff  —  MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash …


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