|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's range||17.83 - 24.05|
|52-week range||14.11 - 73.58|
|Beta (5Y monthly)||1.12|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Alexei Kudrin, a longtime ally of Vladimir Putin, is expected to take a senior role in a restructuring of Yandex NV after winning the Russian president’s blessing to leave government service amid an overhaul of the country’s most prominent technology company following sanctions imposed over Putin’s war in Ukraine.Most Read from BloombergScientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in IceBanks Stuck With $42 Billion Debt Seize Chance to Offload ItThese Are the Best and W
MOSCOW (Reuters) -Russian internet giant Yandex's Dutch holding company on Friday said it planned to divest ownership and control of most of Yandex Group, with the international divisions of some services to be developed outside Russia. Since Russia launched what it calls a "special military operation" in Ukraine in late February, Nasdaq-listed Yandex, often referred to as "Russia's Google", has grappled with domestic pressure on one side and its Western investors on the other, prompting speculation about its future. Dutch-registered Yandex N.V. said in a statement it was reviewing options to "restructure the group's ownership and governance in light of the current geopolitical environment".
Russian President Vladimir Putin and former Finance Minister Alexei Kudrin touched on the future of internet giant Yandex in a late night meeting, three people familiar with the matter told Reuters on Friday. Sources told Reuters that Kudrin, one of the country's top economic officials and a long-time colleague of the president, is expected to leave his role as head of Russia's Audit Chamber to take up a position with Yandex. The future of the company, which dominates Russia's online search and ride-hailing markets, but also has several operations abroad, has been the subject of speculation in Russian media in recent months.