The Russian government has redefined the conditions for foreign companies to exit the market. In its decision from early July 2023, the Government Commission for Foreign Investments lists a total of ten criteria, some of which are new, that foreigners must meet in order to be allowed to sell their Russian entites. The sale of the Russian subsidiary has been an option for regulated liquidation since February 2022. From now on, a right of repurchase can be agreed for a maximum of two years. When buying back the market price must be paid. Also, the buyer is required to list up to 20% of the acquired assets on the stock exchange. Previously, a sale was only permissible if the seller granted a discount of 50% on the market price. Now the government has formalized this unwritten rule.
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