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Russian search engine Yandex set for IPO

Nick WilsdonNick Wilsdon  Mar 23, 2006

Yandex

The Moscow Times is carrying a report on the recent surge in London IPO listings for Russian companies.

Seven Russian IPOs raised $5 billion on the London Stock Exchange in 2005, making Russia the biggest source of international primary offerings in London. Bankers estimate up to 25 flotations this year will raise several times that figure.

One of these upcoming floatations is predicted to be Yandex, currently the leading Russian search engine with a 62% market share.

They have already hired Morgan Stanley and Deutsche Bank to advise on the listing, which could take place on Nasdaq, where Yandex’s international peers trade, sources say.

Investors say the Russian media business has strong potential, given the fast growth in advertising on the Russian Internet.

Source: Moscow Times

Visited 2235 times, 2 so far today

5 Responses to “Russian search engine Yandex set for IPO”

  1. Russia’s Top Search Engine to IPO - Metamend’s Search Engine Optimization Blog Says:
    March 23rd, 2006 at 6:37 pm

    […] Thanks to Nick Wilsdon from multilingual-search.com for the information. […]

  2. Опять неладно что-то в датском королевстве » Archives » Блог iConText Says:
    March 27th, 2006 at 6:08 pm

    […] Получаю тут Подписку на Yandex новости по теме интернет Для начала читаю, что Yandex вышел на IPO в источнике стоит ссылка на то, что Аналитик Ник Уилсдон (Nick Wilsdon) отметил Линк, правда, не ведет ни на какое “отметил”. Но заголовок, согласитесь, громкий. […]

  3. Пропиленгликоль Says:
    July 8th, 2007 at 5:30 pm

    http://www.glycol.ru

  4. Merlin: Translation News, Services & Directory » Blog Archive » New IPO Rumours for Russian Yandex Says:
    February 29th, 2008 at 7:15 pm

    […] have been here before though, with IPO rumours circulating in March 2006. As before, there has been no official comment from Yandex confirming or denying this move. […]

  5. Raka Says:
    May 16th, 2008 at 7:06 am

    Bali Purnama Tours & Travel Russian in Bali

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