From Yahoo Finance: 2025-05-27 08:52:00

Russian billionaire Vladimir Potanin has acquired a 9.95% stake in Yandex, known as “Russia’s Google,” through companies he owns. A consortium of Russian investors bought Yandex’s Russian business for $5.4 billion, ending foreign ownership. Potanin’s Catalytic People acquired Meridian-Servis, giving him a stake in Yandex. This move opens opportunities for collaboration with T-Technologies.



Read more at Yahoo Finance: Metals billionaire Potanin acquires minority stake in ‘Russia’s Google’