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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.51 | 1.05% | 49.03 | 48.97 | 49.12 | 49.13 | 48.8523 | 49.089 | 47,714 | 20:20:18 |
By Michael Susin
Heineken NV said Wednesday that it will stop the production, advertising and sale of the Heineken brand in Russia as a response to the escalation of the war in Ukraine.
The world's second-largest brewer said it will shut down its Russian business and won't take any profit from operations in the country.
The Dutch brewer--which also owns the Sol, Birra Moretti and Tiger beer brands--previously said it will stop all new investments and exports to Russia.
Shares at 1346 GMT were up 4.4 pence, or 5.6%, at 83.7 pence.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
March 09, 2022 09:09 ET (14:09 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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