Yandex and TCS Group Holding, the parent company of Russia's top online bank Tinkoff, have terminated talks on Yandex's proposed $5.48B deal to buy Tinkoff (Reuters)

Reuters:
Yandex and TCS Group Holding, the parent company of Russia's top online bank Tinkoff, have terminated talks on Yandex's proposed $5.48B deal to buy Tinkoff  —  MOSCOW (Reuters) - Plans for Russia's biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash …

from Techmeme https://ift.tt/3jaxND4