Communication: articles for 13.12.2017

Yandex and Sberbank enter into binding agreement for Yandex.Market Joint Venture
13.12.2017, 12:14
Pursuant to the definitive agreement, Sberbank will subscribe for new shares in Yandex.Market for 30 billion rubles (approximately $500 million), valuing it at 60 billion rubles (approximately $1 billion) on a post-money basis, before taking into account any potential future synergies.

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