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Dutch-registered Yandex N.V. said on Friday it had successfully completed the first phase of a deal to divest its Russia-based businesses. The company expects the second and final. ....
After months of negotiation, a rare Russian compromise as Yandex changes hands cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.
Six months earlier, the purchase of Yandex s Russia-based businesses, which generate more than 95% of revenue, by Russian investors looked in peril when the company s co-founder Arkady Volozh called the invasion of Ukraine "barbaric". With the Kremlin highly sensitive to criticism of what it calls a "special military operation", some on the Russian side of talks wanted to leave Volozh and Yandex NV with nothing, according to four sources familiar with the matter. ....
After months of negotiation, a rare Russian compromise as Yandex changes hands By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
Before Moscow s invasion of Ukraine two years ago, Russia s Nasdaq-listed search engine giant Yandex was briefly worth $30 billion. This week, a consortium of domestic investors agreed a deal to buy. ....