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The Kremlin Places the Assets of "Nestlé" and "Auchan" in Russia Under Its Control.. What’s the Story?

- The Kremlin has moved to seize the assets of Swiss company "Nestlé" and French retail company "Auchan" in Russia, as part of a broader campaign to nationalize companies, which has seen an increase in government acquisitions of privately owned businesses. Kremlin spokesman Dmitry Peskov told reporters on Friday, a day after...

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·3 minutes read

The Kremlin Places the Assets of "Nestlé" and "Auchan" in Russia Under Its Control.. What’s the Story?

- The Kremlin has moved to seize the assets of Swiss company "Nestlé" and French retail company "Auchan" in Russia, as part of a broader campaign to nationalize companies, which has seen an increase in government acquisitions of privately owned businesses. Kremlin spokesman Dmitry Peskov told reporters on Friday, a day after...

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