Yandex search engine sold in $5.2 billion deal

Yandex search engine sold in $5.2 billion deal

Yandex, N.V. has agreed to sell its Russian assets – including the Yandex search engine – as part of a deal worth 475 billion rubles (roughly $5.2 billion).

Reports of a coming sale emerged in November. The sale still will need regulatory and shareholder approval.

About the sale. Yandex N.V., the Dutch parent company of the Yandex Group, agreed to sell all of its Russia-based assets, including Search, to a consortium…


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