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Danone to sell off operations in Russia

Reports suggest that Danone Russia is being sold to local cheese and butter maker Vamin Tatarstan for R17.7bn ($191m).

Danone plans to sell Russian enterprises to businessman associated with Kadyrov

The Russian share of the Danone company, which was seized by the country's government in 2023, is set to be sold to a Chechen businessman with close ties to the Kremlin. Source: Financial Times with reference to its sources Details: The French company Danone will sell Life & Nutrition to the Russian dairy company Vamin Tatarstan, which is owned by 29-year-old Mintimer Mingazov.

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