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Moscow takes control of Russian subsidiary of Danone and Carlsberg's stake in brewer

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reuters.com/business/retail-consumer/russia-takes-control-shares-local-danone-subsidiary-decree-2023-07-16

The Russian state has taken control of French yoghurt maker Danone's (DANO.PA) Russian subsidiary along with beer company Carlsberg's (CARLb.CO) stake in a local brewer, according to a decree signed by President Vladimir Putin on Sunday.
The decree said that foreign-owned stakes in Danone Russia and Baltika Breweries were being put under the "temporary management" of…

This story from reuters.com was posted on 2023-07-16 by @moonwhisper.

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