Action taken upon Mikhail Fridman and Petr Aven by holding company that owns Holland & Barrett after EU imposed sanctionsUK-based Russian billionaire oligarchs Mikhail Fridman and Petr Aven have had their shares in $22bn (£17bn) conglomerate LetterOne, which owns Holland & Barrett, “frozen” days after they were slapped with European Union sanctions following the invasion of Ukraine.LetterOne, which is just under 50% owned by Fridman and Aven, announced on Wednesday night that the men had “ceased to have any involvement with the company”. Continue reading…
Action taken upon Mikhail Fridman and Petr Aven by holding company that owns Holland & Barrett after EU imposed sanctions
UK-based Russian billionaire oligarchs Mikhail Fridman and Petr Aven have had their shares in $22bn (£17bn) conglomerate LetterOne, which owns Holland & Barrett, “frozen” days after they were slapped with European Union sanctions following the invasion of Ukraine.
LetterOne, which is just under 50% owned by Fridman and Aven, announced on Wednesday night that the men had “ceased to have any involvement with the company”.