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Divestment of Russia-based businesses

Company: Nebius

Subject kind
acquisition
Statement date
2024-02-04
Current status
stated

The claim, verbatim

Yandex N.V. entered into a definitive agreement to sell all of the Yandex group's businesses in Russia and certain international markets to a purchaser consortium 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-20240205xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-12)Live source ↗

Quote: “it has entered into a definitive agreement with a purchaser consortium (the “Purchaser”) to sell all of the Yandex group’s businesses in Russia and certain international markets. The total consideration for the sale will be RUB 475 billion”

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-20240205xex99d1.htm)

Quote: “it has entered into a definitive agreement with a purchaser consortium (the “Purchaser”) to sell all of the Yandex group’s businesses in Russia and certain international markets. The total consideration for the sale will be RUB 475 billion”

View cached copy (2026-11-12)Live source ↗