At the same time, the new owner is the International Joint Stock Company (IJSCO) YANDEX, registered just a few weeks ago, owned by unnamed investors united in the newly created Closed Unit Investment Fund (CUIF) Kononovsky. In other words, we have a legal entity whose purpose was to buy out Yandex’s assets. The transaction amount is quite large – 475 billion Russian rubles or $5.3 billion, of which at least half is transferred in “real money.” The rest is in shares and securities. The deal is being conducted (and this is emphasized) in full compliance with Russian law. Thus, some Russian inves…