The transaction will have to be approved by the FAS.
According to the message of Yandex, VK will acquire Yandex services.News” and “Yandex.Zen”.
Such an agreement has already been signed by the parties.
The document specifies the main terms of the transaction for the sale of two Yandex services.
Disclosure of the terms of the transaction is expected later.
Official representatives of “Yandex” noted that the transaction must be approved by the FAS.
Earlier topNews wrote that in March 2022 it became known about the intention of “Yandex” to sell “News” and “Zen ”.
It was reported that the company made this decision because of the economic situation.
According to other information, the management of Yandex has been thinking about selling these services for a long time.
In addition, it was reported that the Managing Director of Yandex Tigran Khudaverdyan is leaving the position.