‘Russia’s Google’ completes split from parent firm in West ...News

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‘Russia’s Google’ completes split from parent firm in West
source : Russia Today ( News ) () 35
Just-announced deal brings the country’s top tech player Yandex entirely under Russian ownership Yandex NV, the Dutch-registered parent company of Yandex, has announced it has finalized the sale of its Russian business, which includes the popular search engine of the same name. The deal would see Russia’s largest technology player come entirely under domestic ownership. The Netherlands-registered firm has sold the remaining 28% in the company’s Russian business for $2.8 billion and 162.5 million of its Class A shares, according to the statement. Since 2022, Yandex NV has been seeking to divest its Russian business

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