July 15 (Reuters) - Dutch company Yandex NV ( YNDX ) on

Monday said it had finalised the divestment of its Russia-based

technology assets to a consortium of Russian investors in a cash

and shares deal worth around $5.4 billion.

The split marks the end of foreign ownership in Yandex ( YNDX ),

often dubbed "Russia's Google", potentially tightening the

Kremlin's control of the internet space in Russia, while also

finalising the largest corporate exit from Russia since Moscow

invaded Ukraine over two years ago.

YNV said it had sold its remaining minority 28% stake as

part of the deal's second closing, receiving a total of $2.8

billion in cash and 162.5 million YNV class A shares.

"With the second closing, YNV has received the agreed upon

purchase price and now fully disposed of its remaining interest

in the Russian businesses," YNV said.