Archive | July, 2017

Morgan Lewis Advises Yandex in Creation of Combined Ridesharing Company with Uber

LONDON, July 13, 2017: Morgan Lewis is representing Yandex (NASDAQ:YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, in a transaction with Uber to combine their ridesharing businesses in Russia, Kazakhstan, Azerbaijan, Armenia, Belarus and Georgia. Uber will also invest $225 million and Yandex will invest $100 million in cash […]

Morgan Lewis Advises Pearson PLC in the Sale of a 22% Stake in Penguin Random House to Bertelsmann SE

NEW YORK AND LONDON, July 11, 2017: Morgan Lewis represented Pearson PLC in its agreement to sell a 22% stake in Penguin Random House to Bertelsmann SE and recapitalize the business generating total net proceeds of approximately $1 billion. Pearson is the world’s leading learning company, with expertise in educational courseware and assessment, and a […]