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World·Bloomberg·3d agoRussia

Putin Orders Transfer of Akzo Nobel Stakes to Temporary Administration

Dutch firm's Russian assets seized amid ongoing tensions

Negative1 min read
Putin Orders Transfer of Akzo Nobel Stakes to Temporary Administration

AI Summary

Russian President Vladimir Putin ordered stakes in three Russian companies owned by Dutch paints maker Akzo Nobel NV transferred to temporary administration.

Keywords

RussiaAkzo Nobeltemporary administrationnationalizationsanctions
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