Russia seizes shares of Danone and Carlsberg subsidiaries: decree

Published: 06:11 AM, 17 Jul, 2023
Russia seizes shares of Danone and Carlsberg subsidiaries: decree
AFP

 

Russia took control of shares belonging to French agribusiness Danone and brewer Carlsberg, according to a decree published Sunday.

The decree signed by President Vladimir Putin says the Russian state would "temporarily" manage shares belonging to Danone Russia and to Baltika, which is owned by Carlsberg.

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