Sweden’s Essity divests Russian operations
(Reuters) – Swedish hygiene products group Essity has divested its operations in Russia, the company said in a statement on Saturday. The company said it did not expect to see a material…
Elevator maker Kone divests Russia business
COPENHAGEN – Finnish elevator maker Kone said on Tuesday it will sell its business in Russia to local management for an undisclosed amount. The firm had already reduced its activities after Russia’s…
Russia’s Sberbank divests some non-core assets
(Reuters) – Russia’s largest lender Sberbank has ceased to be a shareholder in some non-financial assets, the company said on Thursday, as it reviews its strategy. Sberbank said it no longer owned…
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