Russia seizes assets of Swiss food giant Nestle and three French firms

Russian President Vladimir Putin signed a decree on Thursday to transfer assets of Swiss food giant Nestle and three French groups to a company called LEV Management. Most Western companies quickly sold their Russian operations and holdings after Moscow launched its full-scale invasion of Ukraine, and the Kremlin has since made it difficult for firms to leave the country. 

This story was originally reported by France 24. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.