Yandex investors offered options amid company split ...News

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Yandex investors offered options amid company split
The move comes amid a restructuring of the tech giant’s Russian and international business Russia’s largest internet company, Yandex, will give investors a choice between retaining a stake in its Russian business, receiving a share of the tech giant’s international startups, or taking cash, Bloomberg reported on Thursday, citing sources familiar with the matter. The company’s shares rose 5.3% on the news on Thursday. They were trading at 2,309 rubles ($29) per share at 12:23 pm GMT on the Moscow Stock Exchange. The Dutch-registered company is reportedly seeking to divest its Russian business, which generates the l

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