Morgan Lewis has advised Internet company and search provider Yandex NV on the acquisition of the intellectual property and call-centers of the Vezet group in Russia by MLU B.V — Yandex’s ride-sharing and food delivery joint venture with Uber. Bryan Cave Leighton Paisner advised Vezet on the deal.
The transaction is subject to regulatory approval and is expected to close by the end of 2019.
The Vezet ride-sharing service is available in more than 120 Russian cities under the Vezet, Taxi Saturn, Fasten, and Red Taxi brands.
The Morgan Lewis team included London Partner Tim Corbet, Moscow-based Partners Dina Kzylkhodjaeva and Anastasia Dergacheva, and Moscow-based Associate Valentina Semenikhina.
The Bryan Cave Leighton Paisner team included Partners Matvey Kaploukhiy, Andrew Hart, Nikolay Voznesenskiy, and Evgeny Timofeev, Counsels Andrey Neminuschiy and Anna Zelenskaya, Senior Associates Alexey Koshelev, Anastasia Kudryashova, Dimitri Antipin, and Alexander Muravin, and Associate Ruslan Nurullaev.