Vladimir Potanin could enter the capital of Yandex before the division of the business

Several members of the pool of potential investors in Yandex's Russian business could accumulate a significant stake in the parent company Yandex N.V. Main buyer of the securities is billionaire Vladimir Potanin. Investors plan to buy 100% of Yandex's subholding in the Kaliningrad region and then acquire part of its additional share issue as part of an exchange for Yandex N.V. But the possibility of a share swap remains questionable because of the risk of dilution of the shares of investors loyal to Yuri Kovalchuk.