Yandex N.V. (NASDAQ:YNDX) has not been able to agree definitive transaction terms with the core shareholders of Tinkoff, and therefore, the parties have agreed to terminate discussions regarding an offer for 100% of the share capital of Tinkoff.
Shares down -2.5% premarket.
Previously: Yandex +3.7% on reported $5.5B deal for Tinkoff bank (Sept. 22)
