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TEXXR

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Sources: Yandex seeks Putin's assent for restructuring, including selling its Russian business and spinning off key global projects in edtech and other sectors

a term denoting high-level political protection, two people said. He is set to meet Putin today — scooop @maxseddon⁩ https://www.ft.com/... Max Seddon / @maxseddon : Vladimir Putin is expected to give his approval for tech giant Yandex's restructuring plan later today. Top official Alexei Kudrin will manage Yandex's Kremlin relationship and get an equity stake. One source called him a “super krysha - in a good sense” https://www.ft.com/... @financialtimes : Exclusive: Internet company Yandex is seeking Vladimir Putin's blessing to sell its operations in Russia, spin off its main international projects and appoint a confidant of the president to manage its relationship with Moscow https://ft.com/...

Financial Times Max Seddon

Discussion

  • @polinaivanovva Polina Ivanova on x
    Though Kudrin's future position remains undefined, his role will in effect be to serve as Yandex's krysha, or “roof” — a term denoting high-level political protection, two people said. He is set to meet Putin today — scooop @maxseddon⁩ https://www.ft.com/...
  • @maxseddon Max Seddon on x
    Vladimir Putin is expected to give his approval for tech giant Yandex's restructuring plan later today. Top official Alexei Kudrin will manage Yandex's Kremlin relationship and get an equity stake. One source called him a “super krysha - in a good sense” https://www.ft.com/...
  • @financialtimes @financialtimes on x
    Exclusive: Internet company Yandex is seeking Vladimir Putin's blessing to sell its operations in Russia, spin off its main international projects and appoint a confidant of the president to manage its relationship with Moscow https://ft.com/...