July 1 (Reuters) - A Russian consortium leading a buyout

of Yandex ( YNDX ), the company often dubbed Russia's Google, from its

Dutch parent company Yandex NV ( YNDX ) said on Monday it has received

bids from investors to exchange 43.9 million shares as part of

the deal.

Yandex ( YNDX ) is being bought by a consortium made up of senior

Yandex Russian management, a fund controlled by oil major Lukoil

and three other companies owned by businessmen

Alexander Chachava, Pavel Prass and Alexander Ryazanov.