Protection for $ 3.8 billion: Sberbank began negotiations on the purchase of a large package of shares of Yandex
As it became known to The Bell, Sberbank is negotiating a large package of Yandex shares - up to 30% of capital. Thus, the State Bank proposes to protect the company from possible problems with competitors and with the state. On this news, the capitalization of the Russian company decreased by NASDAQ by more than $ 1.8 billion. German Gref, Prime Minister Dmitry Medvedev and founder of Yandex Arkady Volozh at the Open Innovation forum, October 16, 2018.