Russia Grabs Nestle, Auchan Assets in Biggest Seizure Since 2024

Business By Bloomberg News • September 18, 2026, 6:32 AM UTC
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Russia took control of the local businesses of Swiss food giant Nestle SA and French supermarket chain Auchan in the Kremlin’s largest takeover of foreign corporate assets since at least 2024 amid rising tensions with Europe.

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https://www.bloomberg.com/news/articles/2026-09-17/putin-orders-temporary-administration-of-nestle-assets-in-russia
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