4 ms·
Oof, I'm sure that there are quite a bunch of companies that are sufficiently rich and either government-owned or coincidentally close to Putin's clique, which
by aasasd 5y ago
Oof, I'm sure that there are quite a bunch of companies that are sufficiently rich and either government-owned or coincidentally close to Putin's clique, which would like to snatch Yandex when it's declared bankrupt. Can't remember if Sberbank still has the ‘golden share’ which gives the ultimate vote power—or if they passed it on to another gov company, or what became of it. But if it's still around then presumably Yandex won't be Dutch for much longer.
- alfiedotwtf 5y agoSberbank with 95% of its share price dropping in the past few days has problems of its own.
- aasasd 5y agoThe ‘golden share’ has nothing to do with Sberbank's money. It's specifically an ultimate voting instrument, passed on to a government-owned company, under an agreement with the government that was worried about lack of control over Yandex. Well, if I understand its powers right then now the government can use it to transfer the whole company to its buddies.