Future Tech
Yandex says it has received bids for economic stakes in Russia-based businesses
Nasdaq-listed Yandex on Thursday said it had received proposals from a number of investors for economic stakes in its Russia-based businesses, as it embarks on a restructuring process.
Yandex said the board was analysing numerous options but had made no decision so far. Control would remain in the hands of management after any acquisitions of economic interest, Yandex said.
- Reuters
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