Russia Targets Nestlé Assets in Latest Foreign Corporate Takeover

‼️ Nestlé is reviewing its options after Russia placed its local assets under temporary external administration, a step that could enable Kremlin-aligned investors to take control of its Russian operations. The move also affects assets linked to Auchan and Leroy Merlin, and follows Moscow’s seizure of dozens of Western-owned businesses under a 2023 legal framework, including Carlsberg, Danone and Fortum.

Leave a comment