the continuation of Yandex’s work in Russia is important – Kommersant
[ad_1]
Press Secretary of the Russian President Dmitry Peskov said that the continuation of the work of Yandex (MOEX: YNDX) is important for the country. He added that the Kremlin welcomes the agreement to sell Yandex’s Russian business to a consortium of private investors.
“Of course, it is important for us that the company continues its work in this area. In this regard, the sale agreement reached by the shareholders is welcome. The Russian management of the company will remain the main owner,” said Dmitry Peskov during a press call.
The press secretary added that there were no obligations to approve the deal with the presidential administration. According to him, this is exclusively a corporate issue and internal agreements.
Dmitry Peskov called Yandex one of the “national champions in the economy” in the field of technology and one of the largest companies. “Yandex,” as the press secretary said, gives jobs to many talented people, and young people purposefully look for work there.
Previously Dutch Yandex NV concluded deal to sell Yandex for 475 billion rubles. The parent company of Yandex will be MKAO Yandex, the main owner of which will be the closed mutual investment fund Consortium.First. Until July 31, Yandex NV will change its name and stop using Yandex brands.
The company’s plans to divide assets became known in November 2022. In October 2023, Yandex NV received permission from the government commission for internal restructuring of the group.
Read more about options for reorganizing the company in the Kommersant FM material. “A Deal with Many Unknowns”.
[ad_2]
Source link
