Nestle Deconsolidates Russian Assets After Temporary Management Order

Nestle has deconsolidated its Russian assets since late September following their transfer to temporary management, a move that reflects the impact of Russian state intervention on foreign businesses. The deconsolidation signals a formal accounting separation, but the operational and financial implications remain uncertain. This marks a notable escalation in the Kremlin's control over foreign assets, potentially setting a precedent for other multinationals.

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