The article mentions them:

  Following completion of the sale transaction, YNV will retain a portfolio of international businesses and other non-Russian assets, including four early-stage technology businesses and other assets: 
  
  * Nebius AI, an AI cloud platform that is one of the largest providers of GPU capacity in Europe; 
  * Toloka AI, a data solutions partner for GenAI and Large Language Model development; 
  * Avride, one of the leading developers of self-driving technologies;
  * TripleTen, an EdTech service that equips people with in-demand tech skills;
  * our data center located in Finland; and 
  * minority investments in other technology businesses.

From what I understand, this means basically that they are selling search and associated services that are mostly popular in Russia to some Russian consortium. Bringing Yandex under complete Russian control, without influence from western shareholders.

Those western shareholders (YNV) get a bunch of money and the above AI related subsidaries located outside of Russia.

Weird accounting tricks in Russia include "the new nobility" making you offers that you cannot refuse. This is a country in which the FSB (equivalent of the FBI) is running their own protection rackets, even on a small scale of a local shop. Property law works very differently over there, which is to say it doesn't quite exist.

Yeah, it's some complex deal, which is hard to make sense of. Here's a Bloomberg story:

>Yandex Parent Cuts Ties to Russia in $5.2 Billion Unit Sale

https://www.bloomberg.com/news/articles/2024-02-05/yandex-pa...

And here's FT:

>Search engine Yandex to sell Russian operations for $5bn

https://www.ft.com/content/1f965442-e3f9-46dc-ae4d-ef2e05740...