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HEINY Heineken Nv (QX)

49.045
0.525 (1.08%)
Last Updated: 20:12:21
Delayed by 15 minutes
Name Symbol Market Type
Heineken Nv (QX) USOTC:HEINY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.525 1.08% 49.045 48.97 49.12 49.13 48.8523 49.089 46,606 20:12:21

Heineken Exits Russian Market; To Transfer Business to New Owner

28/03/2022 8:50am

Dow Jones News


Heineken Nv (QX) (USOTC:HEINY)
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   By Michael Susin 
 

Heineken NV said Monday that it will leave Russia, as its business is no longer viable and sustainable following the outbreak of war in Ukraine.

The world's second-largest brewer said it will transfer its business to a new owner, without disclosing further details. Operations will continue during the transition period, it said.

The company previously said it has stopped new investments and exports to Russia, and won't take any profit from operations in the country.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

March 28, 2022 03:35 ET (07:35 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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