Yandex may sell all Russian assets

Vladimir Petenyov
News editor
press@blackterminal.com
IT company Yandex is considering selling all Russian assets, sources told Reuters. Earlier it was planned to sell a controlling stake in the Russian business to a consortium of investors, each of whom will receive a little more than 7%. Company plans to submit a restructuring proposal for consideration of shareholders by the end of 2023.
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Nebius Group
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Source: reuters.com
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