Heineken seeks approval for sale of Russian business
19/04/2023 14:16
AMSTERDAM, April 19 (Reuters) - Dutch brewer Heineken
HEIN.AS has asked regulators in the Russian Federation to
approve the sale of its business in Russia.
"If and when we have approval, we will share further
details about the buyer," the company said on Wednesday.
The disclosure was made in a trading update in which the
company forecast its operating profit this year will increase by
a mid to high single-digit percentage.
Heineken has previously said it plans to exit Russia, taking
a 300 million euro ($329 million) loss.
($1 = 0.9129 euros)
(Reporting by Toby Sterling; Editing by Kirsten Donovan)
((toby.sterling@thomsonreuters.com;))