Investing.com -- Interros, an investment company associated with Russian billionaire Vladimir Potanin, announced Tuesday that it had acquired a 9.95% stake in Yandex (NASDAQ: NBIS ). Yandex, often referred to as "Russia’s Google (NASDAQ: GOOGL )", is a prominent internet company.
Catalytic People, a joint venture between T-Technologies and Interros, played a key role in this acquisition. T-Technologies is the parent company of T-Bank, a significant Russian lender. Potanin, through his investment firm Interros, holds stakes in T-Technologies and Nornickel, a mining giant.
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