Putin puts Nestle, Auchan Russian assets under temporary administration
17/09/2026 18:02
Putin puts Nestle, Auchan Russian assets under temporary administration MOSCOW, Sept 17 (Reuters) - Russian President Vladimir Putin has ordered the Russian assets of Swiss food group Nestle NESN.S and French supermarket group Auchan to be placed under temporary administration, according to a presidential decree published on Thursday.
The decree shows that Nestle's and Auchan's Russian assets have been transferred to temporary management by L.E.V. Management.
(Reporting by Anton Kolodyazhnyy; Editing by Joe Bavier)
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