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Vladimir Putin smiles.
Russian President Vladimir Putin attends an awarding ceremony for Russian team members who won medals at the Winter Paraltmpic games on March 17, 2014 in Sochi, Russia.

Sasha Mordovets/Getty Images

  • Putin ordered Danone and Carlsberg seized after Kremlin-friendly businessmen expressed interest, per the FT.
  • A Chechen leader and a businessman close to Putin have taken over the companies' assets in Russia.
  • Observers say there's a "redistribution" of wealth in Russia to those friendly to Putin's regime.

Kremlin-friendly business people and oligarchs may be reaping the spoils from Russia's seizures of Western assets.

Tags
economy, politics, Markets, Russia, Vladimir Putin, Oligarchs, Carslberg, Danone, Sanctions, Ukraine War, News
Source
Putin ordered 2 Western corporate giants to be seized after Kremlin-friendly bu…