https://www.live-feeds.com/feed/putin-transfers-nestl-auchan-stakes-to-177-moscow-firm-with-one-employeeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/putin-transfers-nestl-auchan-stakes-to-177-moscow-firm-with-one-employeehttps://www.live-feeds.com/feed/putin-transfers-nestl-auchan-stakes-to-177-moscow-firm-with-one-employee#u78108Mon, 21 Sep 2026 02:35:31 +0000President Vladimir Putin transferred the Russian stakes of Nestlé and Auchan to a Moscow-based firm valued at $177 with a single employee. The Kremlin describes these seizures as payback for hostile actions taken by Europe. While Russia places Nestlé under compulsory administration to tighten its grip on Western assets, Switzerland has criticized the move and is seeking a reversal of the seizure. This action reflects a growing crackdown on private business and foreign holdings within the Russian Federation.Why it mattersRussia is systematically targeting Western corporate assets in response to