Global Trade Alert
Global Trade Alert

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

Announcement

04 Dec 2023

In 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. Such transactions by companies from the "unfriendly" states require the approval of the Russian government. 

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

04 Dec 2023

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

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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Related State Acts

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Liberalising Trade Policy Measures

Published on 04 Sep 2024

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time. Discover key trends, significant figures, and the countries most impacted by these policies in this comprehensive overview.

12402

interventions

187

jurisdictions