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Sale of Russia-based businesses

Company: Nebius

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

The claim, verbatim

Yandex entered into a definitive agreement with a purchaser consortium to sell all of the Company's businesses in Russia and certain international markets, subject to shareholder, regulatory, and third-party approvals.

Source (primary)

Nebius 6-K filed 2024-02-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “On February 4, 2024, Yandex N.V. (the "Company") entered into a definitive agreement with a purchaser consortium to sell all of the Company's businesses in Russia and certain international markets, which remains subject to approval by the Company's shareholders in addition to regulatory and third-party approvals, among others.”

How we checked this

Checked on September 18, 2026. The cited source supports every part of this claim.

The filing states that on February 4, 2024, Yandex N.V. signed a definitive agreement with a purchaser consortium to sell all its businesses in Russia and certain international markets. It also says the sale still needs shareholder, regulatory and third-party approvals.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1513845/000151384524000002/yndx-20240205x6k.htm) in full (1,910 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Nebius 6-K filed 2024-02-05

Quote: “On February 4, 2024, Yandex N.V. (the "Company") entered into a definitive agreement with a purchaser consortium to sell all of the Company's businesses in Russia and certain international markets, which remains subject to approval by the Company's shareholders in addition to regulatory and third-party approvals, among others.”

View cached copy (2026-08-31)Live source ↗