Anheuser-Busch InBev has agreed to sell its stake in a Russian joint venture to Turkish brewer Anadolu Efes, marking one of the last major European divestments in Russia. Siemens incurred a €600 million loss after selling its business in Russia, with the Mobility division being the primary cause. South Korea's Hyundai Motor plans to sell its plant in Russia for a nominal $77.67, taking a $219.19 million loss on the sale. The Russian government rejected Heineken's exit deal, leading to the sale of all its Russian shares to the Arnest Group for a symbolic €1.
the Russian government rejected Heineken’s exit deal, and all 100 percent of its Russian shares were eventually sold to the Arnest Group, a Russian packaging firm, for a symbolic €1 #Russia https://t.co/7VD2dptK36
Hyundai has approved the sale of its factory in St. Petersburg to the Russian company Art-Finance for a nominal price of 7,000 roubles ($78). Hyundai Motor said it would take a 287-billion-won ($219.19-million) loss on selling the plant, mothballed since March 2022. (Meduza)
Hyundai is selling its St. Petersburg factory to the Russian company Art-Finance for a nominal $80 and says it will take a $219-million loss on the sale. In May, Art-Finance bought Volkswagen’s Russian assets for $137 million. Isn’t money funny? https://t.co/DVgA0s4zmi
WATCH: Hyundai Motor, in a regulatory filing, said it would take a $219.19 million loss on selling the plant, in which operations have been suspended since March 2022 https://t.co/i3miliDs67 https://t.co/6onr4iznM1
Hyundai Motor, in a regulatory filing, said it would take a $219.19 million loss on selling the plant, in which operations have been suspended since March 2022 https://t.co/FC2XjBhkBc https://t.co/I24wokeCL2
Turkish brewer to acquire AB InBev stake in Russian joint venture https://t.co/7EgqlOdZpn
⚡️ Hyundai to sell Russian plant for symbolic price. South Korean car producer Hyundai Motor announced on Dec. 19 that it intends to sell its only Russian plant. https://t.co/rLT3pnvfXf
WATCH: South Korea's Hyundai Motor plans to sell its plant in Russia for a nominal $77.67, a company official said, making it the latest global automaker to sell Russian assets since the outbreak of the war in Ukraine https://t.co/i3miliDs67 https://t.co/q7TlAlPgcb
South Korea's Hyundai Motor plans to sell its plant in Russia for a nominal $77.67, a company official said, making it the latest global automaker to sell Russian assets since the outbreak of the war in Ukraine https://t.co/FC2XjBhkBc https://t.co/JM63LrkYE0
The German company Siemens lost €600 million after selling its business in Russia and ceasing operations in the country This is stated in the concern’s annual report for the 2022 financial year. According to the document, such losses were caused by the Mobility division, which… https://t.co/3dCPmDmoeN
Anheuser-Busch InBev agrees to sell its stake in a Russian joint venture to partner Turkish brewer Anadolu Efes, one of the last major European divestments in that country https://t.co/kPY78UmATi