FAS will review the deal «Yandex» and Uber in a month

© RIA Novosti / Natalia to Seliverstova in fotobasketball box on the roof of the car the service Yandex.Taxi. Archival photoFAS will review the deal «Yandex» and Uber in a month© RIA Novosti / Natalia to Seliverstova the image Bank

The Federal Antimonopoly service (FAS) of Russia will consider the possibility of the transaction of the companies «Yandex» and Uber for months, the decision to make a deal on the Commission on foreign investments has not been made, told reporters the head of service Igor Artemyev.

«No (no decision — ed.), work within the statutory deadlines, anything for about a month,» said Artemyev.

He also said that the removal of this transaction to the Commission on foreign investments «while there is no solution».

In mid-July, «Yandex» and Uber have agreed to unite in one company your online taxi services in Russia, Azerbaijan, Armenia, Belarus, Georgia and Kazakhstan. According to the deal, Uber and «Yandex» will invest in a new company 225 million and $ 100 million respectively. Created company hand estimated at 3,725 billion dollars. After closing the transaction, 59.3% of the company will belong to «Yandex», 36,6% — Uber, and 4.1% of employees.

The closing of the transaction expected in the fourth quarter of 2017.

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