French Supermarket Chain Auchan to Sell Russian Business – Reports

INSUBCONTINENT EXCLUSIVE:
in the country, the business publication La Lettrereported Thursday, citing unnamed sources.Auchan reportedly narrowed its options to two
a 60% discount and be required to pay a 35% fee to the Russian government after officials in Moscow recently tightened exit rules for
foreign companies.Shortly after the full-scale invasion of Ukraine, Auchan said it would maintain its operations in Russia to continue
supplying the country and supporting its local workforce, a decision that prompted calls for a boycott from Kyiv.Auchan, owned by the