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Russia: Government authorises Hugo Boss's sale of Russian business

Description

On 24 April 2024, the Government Commission for Control Over Foreign Investments reportedly authorised Hugo Boss, a German fashion company, to sell its Russian assets to Stockmann JSC, its wholesale p...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

24 Apr 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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