Kremlin says it's not aware of letter asking Putin to seize Coca-Cola HBC assets in Russia

By Reuters News

- The Kremlin said on Monday it was not aware of a reported letter by a Siberian beer maker asking President Vladimir Putin to place the assets of Coca Cola HBC in Russia under temporary management.

Russia has taken similar steps in recent months against other foreign businesses including French supermarket chain Auchan, Swiss food giant Nestle, and last week Japan Tobacco.

Coca-Cola HBC is a Swiss-registered bottling company that is 21% owned by the US beverage giant. Coca-Cola officially withdrew from Russia in 2022 after the start of Russia's full-scale war in Ukraine.

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