WilmerHale has advised Yandex, the leading Internet company in Russia, on its $1.4 billion initial public offering and listing on the NASDAQ Global Select Market. Yandex operates the most popular search engine and the most visited website in Russia. This transaction represents the sector's biggest IPO since Google, Inc. went public in 2004. Yandex's Class A shares began trading on May 24, 2011, under the symbol "YNDX."
The WilmerHale team was led by Trisha Johnson and Tim Corbett, assisted by William Benjamin, David Westenberg, Marilyn Heward-Mills, Tamsin Crane, Meghan Walsh, Heidi Treiber, Andrew Ross, Sophia Lange and Simran Mehta.
Commenting on the transaction, Johnson said, “We are delighted to have advised on this significant transaction for our longstanding client, Yandex." Corbett noted, “This successful transaction further demonstrates WilmerHale's strengths in providing cross-border capital markets and corporate advice."
WilmerHale offers unparalleled legal representation across a comprehensive range of practice areas that are critical to the success of our clients. We are 1,000 lawyers strong, with offices in 12 cities in the United States, Europe and Asia. WilmerHale’s Transactional Department boasts exceptional depth and breadth of experience across a broad range of international transactions. The department provides sophisticated legal representation to public and private companies, start-up enterprises, partnerships, entrepreneurships and finance participants in a wide variety of industry sectors.