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Yandex Set For Biggest Internet Float Since Google

The Russian search engine plans to sell its shares at between US$24 and US$25 each when it makes its debut in New York today, in what could be the biggest float by an online firm since Google raised US$1.67bn in 2004. Analysts predict that Yandex could raise as much as US$1.4bn with its listing on the Nasdaq exchange.

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