Yandex to Fully Divest Russian Assets and Distribute Proceeds
Yandex NV plans to sell its entire Russian business, including the nation’s most popular search engine, after its founder’s criticism of the war in Ukraine made potential investors wary of a partnership with the Dutch-domiciled parent company.
www.bloomberg.com
Yandex Founder Volozh to Return as CEO After Sanctions Dropped
Yandex NV founder Arkady Volozh has returned to lead a much-diminished version of the company he built and that just sold off Russia’s leading search engine.
www.bloomberg.com
