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Russian President Vladimir Putin has revoked the transfer of Danone’s Russian assets to the Federal Agency for State Property Management, Rosimushchestvo, for temporary management by the state. His reasons for doing this were not disclosed in the decree.
French dairy products group Danone is planning to sell its Russian business to a Chechnya-linked businessman, the Financial Times reported on Wednesday, months after Moscow took temporary control of...
French dairy products group Danone is planning to sell its Russian business to a Chechnya-linked businessman, the Financial Times reported.
The French food maker Danone plans to sell its Russian assets to a businessman linked to Chechen leader Ramzan Kadyrov, the Financial Times reported Wednesday, citing private documents it had seen and anonymous sources familiar with the situation.
A Russian businessman who flaunts his pro-war credentials on Instagram is planning to take over Danone's Russian assets for 17.7 billion roubles ($191.52 million), the Financial Times reported on Wednesday, months after Moscow seized temporary control.