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Kremlin seizes Nestlé’s assets in Russia as crackdown on private business grows
The Kremlin has moved to seize the Russian assets of Nestlé and French retailer Auchan amid a broader nationalization drive in the country that has seen a surge in seizures of private assets.
Kremlin orders businesses seized
FRANKFURT, Germany (AP) — The Kremlin has ordered the Russian businesses of Swiss-based food and beverage company Nestle and French retailer Auchan placed in temporary administration, procedure that previously has led to the forced sale of Western businesses to Russian owners at knockdown prices.
Kremlin orders businesses seized
The Kremlin ordered the Russian businesses of Swiss-based food and beverage company Nestle and French retailer Auchan placed in temporary administration, in a procedure that previously has led to the sale of Western businesses at knockdown prices.
Kremlin orders Russia businesses of Nestle, Auchan seized
The Kremlin ordered the Russian businesses of Swiss-based food and beverage company Nestle and French retailer Auchan placed in temporary administration, in a procedure that previously has led to the sale of Western businesses at knockdown prices.
Nestle reviewing options after Russia business seized by Putin
Vladimir Putin made a presidential decree to take control of Nestle’s Russian assets, alongside those of French supermarket chain Auchan.
Kremlin orders Russia businesses of Nestle, Auchan seized
The Kremlin ordered the Russian businesses of Swiss-based food and beverage company Nestle and French retailer Auchan placed in temporary administration.
Kremlin takes temporary control of Nestle, Auchan units
Russia placed Nestle and Auchan operations under temporary control, a step that has previously led to forced sales to Russian owners.