Yandex parent company to review ownership of Russian internet giant

Russian internet giant Yandex’s Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia.

Yandex NV said it had started a “strategic process to review options to restructure the group’s ownership and governance in light of the current geopolitical environment“.

“As part of the intended restructuring of the group, the board anticipates that Yandex NV will in due…