Analysis: Russia prepares to seize western firms looking to leave

Russia prepares to seize western firms looking to leave

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow’s invasion of Ukraine, raising the stakes for multinationals trying to exit.

Russia prepares to seize western firms looking to leave

A draft law outlines how Russia could appoint an administrator to firms where at least 25% of the shares are in 'unfriendly' foreign hands. It lays down a wide range of criteria for intervention.

Russia prepares to seize western firms looking to leave

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow’s invasion of Ukraine, raising the stakes for

Russia prepares new law to seize Western firms looking to leave

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow’s

Analysis-Russia prepares to seize western firms looking to leave

(Reuters) - Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow’s invasion of Ukraine, raising the stakes for multinationals trying to exit. Read full story

Analysis-Russia Prepares To Seize Western Firms Looking To Leave

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow's invasion of Ukraine, raising the stakes for multinationals trying to exit. The law, which could be in place within weeks, will give Russia sweeping powers to intervene where there is a threat to local jobs or industry, making it more difficult for western companies to disentangle themselves quickly u…