- Reuters
Moscow Exchange to delist Yandex NV shares on July 10
Moscow Exchange will delist shares in technology company Yandex NV on July 10, Russia's largest bourse said on Tuesday. Internet search engine operator Yandex struck a 475 billion rouble ($5.27 billion) deal in February to sell its Russian asset after months of negotiations. Shares in the Russian business to be listed on the Moscow exchange after separation from its Dutch parent.
- Reuters
Russian consortium announces terms for $5.2 billion Yandex cash and share deal
A Russian consortium announced terms on Monday to buy the Russian assets of technology group Yandex from Dutch parent company Yandex NV in a cash and share deal. The consortium said it expects to receive no more than 107,729,866 shares of Yandex N.V via a purchase and swap. The buyback will take place at a price of 1,251.8 roubles per Yandex NV share.
- Reuters
Russian consortium announces terms for $5.2 bln Yandex cash and share deal
A Russian consortium announced terms on Monday to buy the Russian assets of technology group Yandex from Dutch parent company Yandex NV in a cash and share deal. The consortium said it expects to receive no more than 107,729,866 shares of Yandex N.V via a purchase and swap. The buyback will take place at a price of 1,251.8 roubles per Yandex NV share.
