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Russia Devises Plan to Seize Firms Abandoned in Foreigner Exodus

  • Flood of foreign companies left Russia after Ukraine invasion
  • Economy Ministry said goal is asset sales, not nationalization
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Oliver Wyman's Tannebaum on Russia Sanctions

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Russia’s government moved closer to seizing and even nationalizing foreign-owned companies that are leaving the market over the invasion of Ukraine while planning measures to coax others into staying.