Russia places Nestlé's Russian assets under "temporary administration", alongside Auchan and Leroy Merlin units

Russian authorities placed the Russian assets of Nestlé, Auchan's Russian subsidiary and the former Leroy Merlin entity under "temporary administration". Nestlé said it is weighing all options to protect its rights after the Kremlin moved to take control of its Russian business.

Detected & updated continuously · Source: Nebula