Russia seizes assets of Swiss food giant Nestle and three French firms
Russian President Vladimir Putin signed a decree on Thursday to transfer assets of Swiss food giant Nestle and three French groups to a company called LEV Management. Most Western companies quickly sold their Russian operations and holdings after Moscow launched its full-scale invasion of Ukraine, and the Kremlin has since made it difficult for firms to leave the country.
We haven't written up this one. France 24 has the full story — the link below goes straight to it.
Also reported by 2 other outlets
- Russia seizes assets of Nestlé and French firms Auchan and Leroy Merlin lemonde.fr
- Russia seizes assets of Nestle, French firms channelnewsasia.com
