Danone to deconsolidate dairy assets seized by russia
It reported a $767 million write off after russia took control of local operations and appointed a new CEO
#Danone no longer retains operational control of the subsidiary
They say they is investigating “how to protect its assets and rights as a shareholder, with a first priority to ensure people safety.”
Read more here🔗 https://www.fooddive.com/news/danone-deconsolidate-dairy-assets-seized-russia/689571/
#Ukraine 🇺🇦 #SlavaUkraine #RussiaIsATerroristState
#StandWithUkraine