(Telestock) – Yandex N.V.the Dutch company that completed its split from Russian tech giant Yandex last month, has officially changed name to Nebius Group after shareholder approval.
In July, after signing a definitive agreement in February 2024 with a consortium of Russian buyers, the company sold all group’s activities in Russia and in some international markets at a valuation of approximately 5.4 billion dollarsthe.
Furthermore, on July 10 it completed the delisting process from the Moscow Stock Exchange and now remains listed only on the Nasdaq.