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Danone planning to sell Russian operations to Chechnya-linked businessman- FT report By Reuters

Danone planning to sell Russian operations to Chechnya-linked businessman- FT report By Reuters
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Danone Seeks to Sell Russian Operations to Chechen-Linked Businessman – FT

The French food maker Danone plans to sell its Russian assets to a businessman linked to Chechen leader Ramzan Kadyrov, the Financial Times reported Wednesday, citing private documents it had seen and anonymous sources familiar with the situation.

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Danone planning to sell Russian operations

Danone planning to sell Russian operations
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PRO-war Russian businessman to take over Danone's Russian assets -FT

A Russian businessman who flaunts his pro-war credentials on Instagram is planning to take over Danone's Russian assets for 17.7 billion roubles ($191.52 million), the Financial Times reported on Wednesday, months after Moscow seized temporary control.

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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).

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