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Russia: Adeo Group conducts divestment from the Russian market with the government authorisation

Description

On 4 December 2023, the Russian media reported that Adeo, the owner of the Leroy Merlin chain, sold its 99,993% share in Leroy Merlin Vostok LLC. According to consistent media reports, the new owner o...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

04 Dec 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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