Section

Russia approves $320 mln sale of Carlsberg assets to local businessmen, document shows

By Economic Times - yesterday
Russia's government approved the sale of Carlsberg's Russian assets to VG Invest for 34 billion roubles. Carlsberg's Baltika Breweries was previously seized and placed under temporary management. The deal involves asset transfers between Carlsberg and Baltika, although the sale price represents a significant discount. Strict requirements for foreign companies' exits are enforced by Russia.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.