“Yandex” ruled out the transfer of control over the company to new investors

"Yandex" ruled out the transfer of control over the company to new investors

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The Board of Directors of “Yandex” at a meeting on May 25 decided that the new shareholders after entering the capital of the company will not gain control over it. The Council has considered all the applications of potential investors and is now checking them for sanctions risks.

“New economic investors will not have control over the company. As with the current corporate structure, control will be retained by Yandex’s management. message press services following the meeting of the board of directors. The report notes that the final decision on the composition of investors has not yet been made.

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