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“俄罗斯的谷歌”Yandex将就退出俄罗斯业务的交易提交股东批准

“Russia's Google” Yandex will submit shareholder approval for a deal to exit the Russian business

Gelonghui Finance ·  Mar 7 15:37
Glonghui, March 7 | Since the outbreak of the Russian-Ukrainian conflict, the two largest Russian companies will submit shareholders' approval on Thursday, including “Russia's Google” Yandex and major mining assets, which will be transferred to Russia, with a total transaction of about 9 billion US dollars. European technology company Yandex NV has reached a 475 billion ruble (approximately US$5.27 billion) deal to sell its Russian subsidiary to Russian investors, while precious metals producer Polymetal International will sell its Russian assets to a Siberian gold miner for around US$3.7 billion. Both deals were the result of months of negotiations, and the prices were heavily discounted. Agency consulting firm Glass Lewis said in a report that given the 50% discount and the highly restrictive framework, the deal should have sufficient reason to be supported by investors.

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