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Telecomunicaciones y tecnología

Russia's Yandex confirms IPO price at $25/share


    MOSCOW (Reuters) - Russia's most popular search engine Yandex said on Tuesday its Nasdaq initial public offering priced at $25 per share, confirming earlier Reuters report.

    The company will start trading under the symbol later on Tuesday.

    Yandex raised $1.3 billion in the IPO, more than expected, after pricing the offer at the top end of a revised range, a source told Reuters on Monday.

    (Reporting by Maria Kiselyova; editing by Douglas Busvine)