India  
 
NewsR.in

Yandex's restructuring deal expected to be delayed to next year

IndiaTimes Monday, 25 December 2023
The completion of Nasdaq-listed Russian tech company Yandex's restructuring is expected to be delayed into next year, two sources familiar with the negotiations told Reuters on Monday. Dutch holding company Yandex NV has been working on a restructuring for months, as it tries to ensure some of its businesses retain access to Western markets despite sanctions against Moscow over the conflict in Ukraine. The deal was initially expected to be reached in December. Any deal ultimately requires approval from shareholders and Russia's government.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Hungary Blocks $54 Billion Aid Deal As EU Opens Door to Membership Talks [Video]

Hungary Blocks $54 Billion Aid Deal As EU Opens Door to Membership Talks

Hungary Blocks $54 Billion Aid Deal , As EU Opens Door to Membership Talks. On Dec. 14, EU leaders convened in Brussels to authorize $54 billion in aid for Ukraine, but it was not approved because..

Credit: Wibbitz Top Stories     Duration: 01:30Published