AkzoNobel’s Russian Operations Under State Control | Amsterdam News

AkzoNobel’s Russian operations are now under state control after Putin’s decree, despite the company claiming ownership hasn’t changed. Following its 2022 retreat from Russia amid EU sanctions, AkzoNobel is now facing uncertainty as other foreign firms haven’t regained seized assets. With a major merger underway and a recent rejected takeover bid, the paint giant is scrambling to protect its interests and employees while navigating escalating geopolitical risks. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0c07287a4729a744