Loss of 2600 crores, company sold for Rs 90; Why did the world's second-largest winemaker take this step?
Heineken, the world's second-largest and Netherlands' liquor maker, has made a comeback by selling its business in Russia with a loss of 2600 crores. Heineken said it lost a total of 300 million euros ($325 million) in selling the company to Russian manufacturing giant Ernst Group. The company said that he had come out of Russia by selling his company for one euro.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
