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Read More »The owners of Russia’s tech pioneer Yandex are selling — at a big, Kremlin-required discount
FRANKFURT, Germany (AP) — The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of just over $5 billion to its Russia-based managers and oil company Lukoil, one of the biggest deals for Western-held companies to exit Russia since the invasion of Ukraine. The price reflects a 50% discount …
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