this post was submitted on 16 Jul 2023
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Companies saying NO to Russian Invasion of Ukraine

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- Businesses who pulled out of Russia and refuse to support Russia's illegal invasion of Ukraine with their taxes, resources, and people.

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Russia Seizes Shares Of Danone And Carlsberg Subsidiaries: Decree (www.barrons.com)
submitted 2 years ago by [email protected] to c/[email protected]
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Russia took control of shares belonging to French agribusiness Danone and brewer Carlsberg, according to a decree published Sunday.

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[–] [email protected] 1 points 2 years ago

French agribusiness Danone said in October that it planned to withdraw from most of its business.

Danone then said it would give up the dairy and plant-based business in Russia, retaining only its infant nutrition branch.

The move could result in a write-off of up to one billion euros ($980 million), it said.