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YANDEX COMPANY LIQUIDATES INVESTMENT SERVICE

Yandex" made a decision to liquidate the Internet service "Yandex.Investments" created for financial management. The reason is the fact that VTB Bank, a former partner in dealing with securities, fell under strict foreign sanctions. The ...

Modified: 04.07.2022
Yandex , Yandex investments , investments , VTB , sanctions , finance , securities , stock exchange , liquidation , closure
Path: РусБанкрот - СМИ

Yandex announced the risk of default in company

... board of directors, nor the shareholders were sanctioned, but there may still be negative financial consequences. We are talking about trading on the Moscow Exchange, which were suspended until March 4 inclusive. In addition, Nasdaq and the New York Stock Exchange suspended trading in securities for a number of companies with a significant number of operations in Russia. This list includes Yandex. Describing the situation , the representatives of the company indicated that, according to the rules, in case of suspension of trading on the stock exchange for more than 5 days, bondholders have the right to demand payment of the cost of securities ...

Modified: 03.05.2022
Yandex , trading , stock exchange , shares , sanctions , Ukraine
Path: РусБанкрот - СМИ
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