Yandex, Polymetal shareholders set to approve major Russian exit deals

Yandex, Polymetal shareholders set to approve major Russian exit deals

By Alexander Marrow

LONDON (Reuters) – Two of Russia’s largest corporate exit deals since Moscow’s invasion of Ukraine are up for shareholder approval on Thursday, with “Russia’s Google” Yandex and major mining assets set to pass to Russian ownership in transactions totalling around $9 billion.

Dutch-registered Yandex NV, struck a 475-billion-rouble ($5.27 billion) deal to sell its local subsidiary – Russia’s most valuable technology asset – to Russian investors, while precious metals producer…


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