Home Business “Yandex” and VK closed the transaction of asset exchange

“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



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