June 7, 2019 / 10:25 AM / 4 months ago

Russia's TCS co-owner to Yandex: let's integrate

ST PETERSBURG, June 7 (Reuters) - Oleg Tinkov, the main owner of Russia’s TCS group, told Russian Internet giant Yandex’s chief executive on Friday that their companies together would be worth more than $20 billion and suggested that they integrate.

Tinkov, who is known for his casual business style, said to Yandex’s Arkady Volozh at a public session of the St Petersburg economic forum: “I believe that if we combine ...in the most broad sense, with Yandex... the capitalisation of this company will be immediately over $20 billion.”

“Let’s integrate,” he said. (Reporting by Polina Devitt, Tatiana Voronova, Elena Fabrichnaya, Katya Golubkova; writing by Tom Balmforth; editing by Jason Neely)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below