Title for Episode VIII of world’s famous saga ‘Star Wars’ revealedSociety & Culture January 23, 21:19
Russia’s chief negotiator: Astana format gives hope for new level in negotiating processRussian Politics & Diplomacy January 23, 20:52
Astana talks focusing on mechanism of Syria ceasefire observance — oppositionWorld January 23, 20:23
Russia and Turkey hit Islamic State targets near al-Bab in Aleppo provinceWorld January 23, 20:06
Russia’s 4th Yasen-class submarine completes hydraulic testsMilitary & Defense January 23, 18:56
Arctic airport in search for investorsBusiness & Economy January 23, 18:50
Rosneft begins Arctic shelf’s seismological exploration from 2017Business & Economy January 23, 18:38
Tesla takes the lead in sales of electric cars in Russia in 2016Business & Economy January 23, 18:18
Politician says European-style reforms to degrade Ukraine’s economyWorld January 23, 18:16
BC&B signed an agreement on June 6 with investment bank Morgan Stanley on the sale of up to 19.9 million shares of Yandex. In total, companies belonging to Baring Vostok Capital own 20.3 million shares of the Internet company, or a 7.56% stake.
The stake comprises 17.5 million shares of class B with 10 voting rights, which are automatically converted into class A shares with a voting right when sold.
The agreement with Morgan Stanley expires on June 5, 2015, and it may be suspended anytime.
Yandex owns Russia’s most popular internet search engine and the Internet portal. Apart from Baring Vostok Capital Partners, the company is owned by its CEO Arkady Volozh and others. Yandex’ capitalization amounts to over $11 billion on the NASDAQ exchange.