Tinkov told his version of the breakdown of negotiations with Yandex
The founder of Tinkoff Bank Oleg Tinkov, in a Forbes article , outlined his version of why negotiations with Yandex failed. According to him, the deal failed because the IT company wanted to take control of the bank, but was not ready to pay enough for it. Yandex stated that they did not agree with the version of the entrepreneur. The fact that the parent company of Tinkoff Bank, TCS Group, is negotiating with Yandex on the sale of all shares, became known at the end of September.