Danone authorized by Moscow to sell its activities in Russia – 03/22/2024 at 7:41 p.m.

Danone DANO.PA announced in a press release on Friday:

* HAVE OBTAINED THE REQUIRED RUSSIAN REGULATORY AUTHORIZATIONS FOR THE SALE OF ITS EDP ACTIVITIES IN RUSSIA TO VAMIN R LLC

* COMPLETION OF THE ASSIGNMENT IS EXPECTED IN THE COMING WEEKS

* THE TOTAL LOSS RECOGNIZED BY DANONE IN ITS ACCOUNTS AMOUNT TO 1.2 BILLION EUROS

For more details, click DANO.PA

(Paris editorial team)