VERIFIEDMint Companies·18 Sept 2026negative

Putin Signs Decree to Seize Control of Nestle Assets in Russia

AI Summary

·Russia has placed the local assets of Swiss food giant Nestle SA under temporary administration.
·The Russian government has also seized control of the stakes in Russian businesses held by Nestle.
·French supermarket chain Auchan's assets in Russia have also been placed under temporary administration.