Yandex NV has prepared assets for sale by transferring them to a Russian legal entity. In December, Yandex registered in the special administrative region on Oktyabrsky Island.
The government commission approved the acquisition by a Russian group of investors of 96.3% of the shares of MKAO Y andex. It is expected that the remaining conditions for closing the first stage will be met in the coming weeks - the parties agreed to extend the period allotted for this until April 30.