Yandex NV shareholders approve sale of Russian assets to investor consortium -March 07, 2024 at 01:30 pm EST

Yandex NV shareholders approve sale of Russian assets to investor consortium -March 07, 2024 at 01:30 pm EST

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

About search

Check Also

Nasdaq tells Yandex, other Russian firms of plan to delist stocks – Yahoo Sport Australia

Insiders Sell, Yandex Plummets. Should You Worry? – AOL

[unable to retrieve full-text content]Insiders Sell, Yandex Plummets. Should You Worry?  AOL Source link

Leave a Reply

Your email address will not be published. Required fields are marked *