Tech Giant Yandex Gets New Russian Owner Ahead of Restructuring

INSUBCONTINENT EXCLUSIVE:
A Russia-based company has become the legal owner of tech giant Yandex as it prepares to separate from its Dutch parent company, the
to repatriate their businesses while avoiding Western sanctions as part of legislation signed into law by President Vladimir Putin in
for the international market.Yandex NV hopes to sell its stakes in the Russian business, which includes the popular Yandex search engine and
December until early 2024, Reutersreported last month, citing three anonymous sources familiar with negotiations.