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Completion of divestment of Russia-based businesses

Company: Nebius

Subject kind
acquisition
Statement date
2024-07-14
Promised amount
2800000000.0 USD
Current status
stated

The claim, verbatim

YNV completed the second and final closing of the sale of its Russian businesses, selling its remaining ~28% minority stake in the Target; total cash proceeds were USD 2.8 billion and 162.5 million YNV Class A shares were received as consideration.

Source (primary)

nebius 8-K exhibit (yndx-20240715xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “the second and final closing of the transaction has occurred, at which YNV sold its remaining minority stake of approximately 28% in the Target”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms nebius 8-K exhibit (yndx-20240715xex99d1.htm)

Quote: “the second and final closing of the transaction has occurred, at which YNV sold its remaining minority stake of approximately 28% in the Target”

View cached copy (2026-11-01)Live source ↗