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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 plans to sell its Russian business for $191.5 mln

According to the report, Russian dairy manufacturer Vamin Tatarstan will acquire Life & Nutrition, a Danone subsidiary in Russia ....

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FT: French company Danone plans to sell Russian subsidiary to Kadyrov-linked businessman

Danone's Russian assets were placed under "temporary management" by the Russian government in July 2023 in response to Western sanctions against Russian companies abroad. ....

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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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