“The Board of Sberbank PJSC decided to approve the sale of the“ golden share ”to Yandex NV,” the statement said.
As noted, the cost will be € 1.
Earlier, the first deputy chairman of the board Lev Khasis said that the credit institution is likely to make such a decision.
On November 18, Yandex announced changes in the corporate governance structure. The Public Interest Fund will appear in it, which will be given a “golden share”.
Since 2009, it belongs to Sberbank and allows you to block the sale of more than 25% of the shares of the Internet company.
The Kremlin said they were following the changes in the company, but they were not agreed with the presidential administration.