IT-company Yandex made the final decision to buy out Uber 29% in MLU B.V. and has already almost agreed on the amount, which is not disclosed, sources told Forbes. Yandex has an option to buy out the stake for $1.8-2 billion, but the value of the assets has dropped sharply since the SWO began and Kismet Capital Group said it was ready to acquire the stake for $925 million. If the deal goes through, Yandex will become the sole owner of MLU B.V., registered in Holland, which operates the Yandex.Taxi, Yango and Uber brands in Russia and the CIS.
IT-company Yandex made the final decision to buy out Uber 29% in MLU B.V. and has already almost agreed on the amount, which is not disclosed, sources told Forbes. Yandex has an option to buy out the stake for $1.8-2 billion, but the value of the assets has dropped sharply since the SWO began and Kismet Capital Group said it was ready to acquire the stake for $925 million. If the deal goes through, Yandex will become the sole owner of MLU B.V., registered in Holland, which operates the Yandex.Taxi, Yango and Uber brands in Russia and the CIS. 
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