http://webplanet.ru/english/2007/07/10/yandex_ipo_en.html Comments for "Yandex kinda targeting NASDAQ" ru http://webplanet.ru/english/2007/07/10/yandex_ipo_en.html <p>After Reuters released its <noindex><a href="http://asia.news.yahoo.com/070706/3/34ezx.html" target="_blank" rel="nofollow">FACTBOX-Russian companies planning share issues</a></noindex> a rumor about <noindex><a href="http://www.yandex.ru" target="_blank" rel="nofollow">Yandex</a></noindex> preparing for IPO on the NASDAQ quickly spreaded in major Russian media. But neither Yandex nor Morgan Stanley and Deutsche Bank hired for consultancy did confirm the news. </p> <p>The head of Yandex press-service Mikhail Ushakov commented that the company 'is considering two future strategies - to go public or to continue as as private company'. Yandex's private status is quite formal though. Its 50% share was distributed between Ru-Net Holdings, Baring Vostok Capital Partners and Tiger Technologies funds. Another 20% are owned by managers and minority shareholders. Searching investment - public or not - means that company's founders (they own 30% share) are ready to drop control interest in Yandex.</p> <p><a href="http://webplanet.ru/english/2007/07/10/yandex_ipo_en.html">Далее</a></p> Яндекс http://webplanet.ru/english/2007/07/10/yandex_ipo_en.html#comment Tue, 10 Jul 2007 20:08:06 +0400 translator 16109 at http://webplanet.ru