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Heineken sells off Russian beer business for €1

2023-08-25 19:22
The lager-maker will take a huge loss on the division which, it said, had taken longer to jettison.
Heineken sells off Russian beer business for €1

Heineken has finally sold off its Russian business for €1 - or 86p - nearly a year and a half after first pledging to do so.

The Dutch brewer said it will take a loss of €300m on the division, which is being offloaded to Russia's Arnest, which makes aerosol cans.

Many Western firms jettisoned...