What’s Next After Russia Seizes Western Yogurt and Beer: Q&A
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Russia has seized the local assets of yogurt maker Danone and brewer Carlsberg A/S after its invasion of Ukraine last year prompted the companies to say they would divest their Russian businesses.
Multinationals with large businesses in Russia have been running a delicate balancing act: keep an increasingly hostile Kremlin from impeding their operations while telling western customers and investors that they are only selling essential products there or trying to divest.