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

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.
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