Disposition of Russian businesses: consideration terms
Company: Nebius
The claim, verbatim
The sale of the Yandex Group's businesses in Russia and certain international markets is based on a RUB 475 billion valuation, subject to adjustments, and is payable in cash and YNV Class A shares, with at least 50% in cash.
Source (primary)
nebius 8-K exhibit (tmb-20240523xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “The total consideration for the sale is based on a valuation of RUB 475 billion and is subject to adjustments. The consideration will be payable in a combination of cash and Class A shares of YNV. At least 50% of the consideration will be paid in cash.”
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 (tmb-20240523xex99d1.htm)
Quote: “The total consideration for the sale is based on a valuation of RUB 475 billion and is subject to adjustments. The consideration will be payable in a combination of cash and Class A shares of YNV. At least 50% of the consideration will be paid in cash.”