Heineken sells its business in Russia for 1 euro

Dutch brewer Heineken said on Friday it had completed its exit from Russia by selling its operations there to Russia's Arnest Group for a symbolic one euro.The world's second-largest brewer said the deal had received all the required approvals and was likely to leave it with exceptional losses of 300 million euros ($324.8 million).

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/wfn7mp0

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