Unilever Bows to Pressure and Sells Russia Subsidiary to Arnest Group
LONDON — After two years of questions and challenges from the British media, the investor community and external organizations, Unilever has sold its Russian subsidiary. Hein Schumacher, chief executive officer of Unilever, said Thursday the Russian business has been sold to Arnest Group, a Russian manufacturer of perfume, cosmetics and household products. “The sale includes all … Read more