“Yandex” and VK closed the transaction of asset exchange

Yandex said that the agreement to sell VK Zen and Novosti has been closed. About reported in a company press release.

As a result of the transaction, the Delivery Club service, which was previously owned by VK, entered the Yandex business.

The press release also stated that Zen and Novosti users will gradually notice the changes. And they will start from September 12. In addition, Delivery Club will switch to a single platform with Yandex Food.

August 23, the press service of the social network knowledgeableHe reported that Russian companies VK and Yandex signed binding documents on the agreement, as a result of which VKontakte acquired Novosti and Zen, and Yandex – Delivery Club. It was announced that the closing of the transaction is scheduled to be completed before the end of this year. There are still a number of regulatory approvals that need to be obtained.

Later, experts said that the partnership between Sberbank and VK is not over, but has reached a new level, the division of assets will allow companies to focus on developing the services they need.

At the same time, the Federal Antimonopoly Service (FAS) approved a document with instructions for the petition of VK and Yandex. The companies signed the binding agreement on August 22. FAS approval was required to complete the transaction.



Source: Gazeta

Popular

More from author

China announced that dialogue opportunities between the Russian Federation and Ukraine have been improved 08:25

Conditions for China to provide assistance to the political settlement of the armed conflict in Ukraine are becoming increasingly favorable, as Russia, which is...

Congress reaches agreement on US budget through the end of the fiscal year 08:11

The US Congress managed to reach an agreement on allocating money for the work of the federal government until the end of fiscal year...

State of emergency and curfew imposed in the capital of Haiti 08:37

Haitian authorities decided to impose a state of emergency and curfew in the capital Port-au-Prince for at least three days due to the conflict...

Former Pentagon advisor explained the war scenario with Russia 08:17

In the event of a hypothetical military conflict between the two powers, the Russian submarine fleet will be able to sink American ships if...