Agreement to sell Russia-based businesses
Company: Nebius
The claim, verbatim
Yandex N.V. has a definitive agreement with a purchaser consortium to sell all of the group's businesses in Russia and certain international markets for total consideration of RUB 475 billion, subject to adjustments, payable in cash and YNV Class A shares.
Source (primary)
nebius 8-K exhibit (yndx-20240328xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “has entered into a definitive agreement with a purchaser consortium (the “Purchaser”) to sell all of the group's businesses in Russia and certain international markets for total consideration of RUB 475 billion, subject to adjustments, and payable in a combination of cash and Class A shares of YNV”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The press release states each element of the agreement, including the parties, scope, RUB 475 billion price, adjustments, and the cash-plus-Class-A-shares payment.
Confirmed in the source:
- Yandex N.V. entered into a definitive agreement with a purchaser consortium
- The agreement covers the sale of all of the group's businesses in Russia and certain international markets
- Total consideration is RUB 475 billion, subject to adjustments
- Consideration is payable in a combination of cash and YNV Class A shares
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000151384524000010/yndx-20240328xex99d1.htm) in full (3,803 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (yndx-20240328xex99d1.htm)
Quote: “has entered into a definitive agreement with a purchaser consortium (the “Purchaser”) to sell all of the group's businesses in Russia and certain international markets for total consideration of RUB 475 billion, subject to adjustments, and payable in a combination of cash and Class A shares of YNV”