Latest Yandex NV News

The owners of Russia's tech pioneer Yandex are selling — at a big, Kremlin-required discount

Feb. 05, 2024 09:37 AM EST

FRANKFURT, Germany (AP) — The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of just over $5 billion to its Russia-based managers and oil company Lukoil, one of the biggest deals for Western-held companies to exit...