Government Commission has approved the deal for Yandex to buy out Uber's stake in the joint venture MLU B.V., which owns Yandex Taxi and Yandex Drive, sources told TASS and Interfax. The discount on the deal, they said, was at least 50%. The option to buy out the remaining 29% of Uber in MLU B.V. was valued at $1.8-2 billion.
Government Commission has approved the deal for Yandex to buy out Uber's stake in the joint venture MLU B.V., which owns Yandex Taxi and Yandex Drive, sources told TASS and Interfax. The discount on the deal, they said, was at least 50%. The option to buy out the remaining 29% of Uber in MLU B.V. was valued at $1.8-2 billion. 
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