Yandex N.V. (YNDX)
| Previous close | 18.94 |
| Open | 23.94 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1100 |
| Day's range | 17.83 - 24.05 |
| 52-week range | 17.83 - 24.05 |
| Volume | |
| Avg. volume | 0 |
| Market cap | 6.797B |
| Beta (5Y monthly) | 1.01 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.22 |
| Earnings date | 13 Feb 2024 - 19 Feb 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
ReutersExclusive-Yandex NV could sell Russian assets all at once
(Reuters) -Yandex's Dutch holding company is considering selling all its Russian assets at once, rather than just a controlling stake, three people close to the matter told Reuters, as the parties race to finalise a deal before the end of the year. Often referred to as "Russia's Google", tech firm Yandex was one of the few Russian companies with the potential to become a global business until Moscow started its war with Ukraine in February 2022. Yandex dominates the taxi and online advertising sectors in Russia.
- Reuters
UPDATE 1-Yandex takes step towards Russian approval for restructuring
Nasdaq-listed Russian tech company Yandex said on Friday it had obtained one of the approvals needed from the Russian government for its planned restructuring, which it hopes to complete by the end of 2023. Dutch holding company Yandex NV has been working on a restructuring for months, trying to ensure some of its businesses maintain access to Western markets in the wake of sanctions against Moscow over its invasion of Ukraine. The revamp is expected to involve the sale of its main revenue-generating Russian businesses, such as search and ride-hailing, and developing four other business lines internationally.
ReutersYandex takes step towards Russian approval for restructuring
MOSCOW (Reuters) -Nasdaq-listed Russian tech company Yandex said on Friday it had obtained one of the approvals needed from the Russian government for its planned restructuring, which it hopes to complete by the end of 2023. Dutch holding company Yandex NV has been working on a restructuring for months, trying to ensure some of its businesses maintain access to Western markets in the wake of sanctions against Moscow over its invasion of Ukraine. The revamp is expected to involve the sale of its main revenue-generating Russian businesses, such as search and ride-hailing, and developing four other business lines internationally.
