Яндекс делает шаг к получению российского одобрения для реструктуризации

Nasdaq-listed Russian tech company, Yandex, has obtained one of the necessary approvals from the Russian government for its planned restructuring. The company aims to complete the revamp by the end of 2023, which involves the sale of its main revenue-generating Russian businesses and expanding internationally. Yandex’s board remains committed to completing the restructuring and divesting all Russia-based businesses. The government’s approval is necessary for this process, with demands including a 50% discount on any sale and a contribution to the federal budget. Yandex plans to present a restructuring proposal to shareholders for approval by the end of 2023.

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