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  • Morgan Stanley Yandex stake slashed
Russia Banking & Finance Information & Communications Technology (ICT)

Morgan Stanley Yandex stake slashed

12/05/2014

Morgan Stanley Yandex stake: Morgan Stanley, until recently one of Russian internet company Yandex’s largest shareholders, has reduced its shareholding by just under 85%. Last month shares in Yandex fell below the $25 price offered at its IPO in 2011. The Moscow Times

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Topics: internet broadband & search engines

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