Sale of Yandex Russia for RUB 475bn
Company: Nebius
The claim, verbatim
The company entered into a binding agreement to sell all its operations in Russia and certain international markets (Yandex Russia) for total consideration of RUB 475 billion (about USD 5.2 billion), subject to adjustments, payable in cash and the company's Class A shares. The sale reflects a mandatory 50% discount to fair value.
Source (primary)
nebius 8-K exhibit (tm245327d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-12)Live source ↗
Quote: “On February 4, 2024 , the Company entered into a binding agreement to sell all of its operations in Russia and certain international markets (" Yandex Russia ") for a total of RUB 475 billion (approximately USD 5.2 billion) (subject to adjustments).”
How we checked this
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Additional evidence
confirms nebius 8-K exhibit (tm245327d1_ex99-1.htm)
Quote: “On February 4, 2024 , the Company entered into a binding agreement to sell all of its operations in Russia and certain international markets (" Yandex Russia ") for a total of RUB 475 billion (approximately USD 5.2 billion) (subject to adjustments).”