World

Russian Asset Seizure Affects Western Companies

Updated 2026-09-18 11:40 UTC 1 source Negative

Russia has placed Nestlé's local assets under temporary external administration. This move is part of a broader strategy to tighten control over foreign-owned businesses in the country.

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CNBC
Nestlé is assessing its options after Russia placed the Swiss food giant’s local assets under temporary external administration.
2026-09-18 11:28 UTC
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