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Companies sell their businesses in Russia

September 8, 2023
Source: reuters.com reuters.com
News Snapshot:
[1/2] The logo of French tyre maker Michelin is seen at a company building in Boulogne-Billancourt, near Paris, France, August 6, 2022. REUTERS/Sarah Meyssonnier Acquire Licensing Rights September 8 - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they seek to comply with sanctions over the Ukraine conflict and deal with threats from the Kremlin that foreign-owned assets may be seized. Below is a list of companies by sector that have sold their businesses in Russia: AUTOS ** British car distributor Inchcape (INCH.L) sold its Russian business to local management...
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