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Danone towards the sale of its activities in Russia

Agreement closed with Vamin Tatarstan to whom dairy yields: loss of € 1.2 billion

Danone is on the way to agreement regarding its activities in Russia. After the latest news of recent days that foreshadowed a resurgence of hostilities with the Putin government since 2022, today the company seems to have taken a step towards the sale of its dairy businesses in the country. With a brief official statement the company announces that "the necessary Russian regulatory approvals have...

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EFA News - European Food Agency
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