Stock market news

Amgen

Amgen is buying Horizon Therapeutics for $27.8 billion, or $116.5 per share. Company develops drugs for the treatment of rare and rheumatic diseases. Closing date of the deal will be announced in the first half of 2023, after receiving all necessary regulatory approvals.

NOVATEK

Fourth line of Yamal LNG plant based on Russian Arctic Cascade technology is operating normally and at subzero temperatures at 106% of its design capacity, said Yamal LNG Deputy Director for Production Vladislav Khlybov. "This was new equipment for Russia. We were debugging the mode, compressor equipment, pumping equipment," he explained the reasons for the...

NanduQ (QIWI)

Qiwi is buying digital advertising agency Realweb. Company has entered into an agreement to acquire 78% in Realweb, another 22% will be bought within six months. Companies do not disclose the amount of deal, but according to co-owner of Realweb Emin Avetisyan, it is within the market value. RealWeb's revenue for 2022 was ₽24 billion, EBITDA was ₽470 million.

VK

VK gave up its own search on mail.ru and began using Yandex's search engine. Decision was made as part of VK's overall strategy, the basis of which is the development of content services. Proprietary search technologies will continue to work and develop within the company's products - VKontakte, Mail, Cloud and others.

M.Video

M.Video-Eldorado Group is launching a new infrastructure format - urban warehouses on the basis of one of the existing stores. Such warehouses will accelerate the replenishment of all stores in the city with a popular range of home appliances and electronics, provide self-delivery and customer delivery of small-sized online orders within 24 hours. First obje...

Novolipetsk Iron and Steel Works

NLMK's Board of Directors recommended a dividend of ₽2.6 per common share for 9M 2022. The dividend yield could be as high as 2.4%. The final decision on the payment will be made at the EGM on 31 December 2022.

Mondelēz International

The Mondelēz International Board of Directors announced a quarterly dividend of $0.385 per share. The last day to buy securities to receive the dividend is December 28, 2022. The annual dividend yield may reach 2.36%.

Nebius Group

Yandex executives are returning employees from remote work to offices for a few days a week. The hybrid format will be offered also to those who went abroad this year. Bell saw it as a hint that their extended stay abroad was impossible. The management's decision coincided with Alexei Kudrin's first working day as Yandex's corporate development advisor.

Rosneft Oil Company

BP is still looking for a buyer for its stake in Rosneft. BP announced its plans to get rid of Russian assets a few days after the start of the military operation in Ukraine and has not moved on since then. The British company owns 19.75% of Rosneft. Earlier, the head of Rosneft, Igor Sechin, said that BP continued to be a "shadow" shareholder and received a...

Alrosa

The Ministry of Finance is preparing amendments to the Tax Code under which ALROSA will have to pay an additional ₽19 billion to the budget in the first quarter of 2023. At the same time, a Duma committee approved amendments to the Budget Code, under which 46% of mineral extraction tax from diamonds will be payable to the federal budget from March 10 to May...