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Sale of Russian businesses to purchaser consortium

Company: Nebius

Subject kind
acquisition
Statement date
2024-02-14
Current status
stated

The claim, verbatim

Yandex N.V. entered into a definitive agreement on February 5, 2024 to sell all of the Yandex group's businesses in Russia and certain international markets to a purchaser consortium. These businesses represented more than 95% of 2023 consolidated revenues and approximately 95% of consolidated assets and employees.

Source (primary)

nebius 8-K exhibit (yndx-20231231xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-11)Live source ↗

Quote: “On February 5, 2024, Yandex N.V. announced that it has entered into a definitive agreement with a purchaser consortium to sell all of the Yandex group's businesses in Russia and certain international markets.”

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-20231231xex99d1.htm)

Quote: “On February 5, 2024, Yandex N.V. announced that it has entered into a definitive agreement with a purchaser consortium to sell all of the Yandex group's businesses in Russia and certain international markets.”

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

confirms nebius 8-K exhibit (yndx-20231231xex99d2.htm)

Quote: “Yandex N.V. announced that it has entered into a definitive agreement with a purchaser consortium to sell all of the Yandex group's businesses in Russia and certain international markets”

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