Yandex parent to review ownership of Russian tech giant, seek divestment

Yandex parent to review ownership of Russian tech giant, seek divestment

search November 25, 2022 Yandex News Leave a comment 9 Views

  • This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.

MOSCOW, Nov 25 (Reuters) – Russian internet giant Yandex’s (YNDX.O) 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 N.V. said it had started a “strategic process to review options to restructure the group’s ownership and governance in light…


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