Moscow Removes Danone's Russian Division From List Of Firms Under Govt Control barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.
Russian President Vladimir Putin has revoked the transfer of Danone’s Russian assets to the Federal Agency for State Property Management, Rosimushchestvo, for temporary management by the state. His reasons for doing this were not disclosed in the decree.
French dairy products group Danone
is planning to sell its Russian business to a
Chechnya-linked businessman, the Financial Times reported on
Wednesday, months after Moscow took temporary control of.