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Heineken completes Russia exit, sells business for USD1 | Indiablooms - First Portal on Digital News Management

World s Second Largest Brewer, Heineken Announces Exit From Russia

Dutch multinational Heineken, the world’s second-largest brewer, has finalised its exit from the Russian market, the company announced on Friday. According to a statement on the company’s website, its assets have been acquired by Arnest Group, a Russian manufacturer of cosmetics and household goods, which also owns a major can packaging business.

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