Trending: Henkel to Exit Russia Business
19 April 2022 - 3:29PM
Dow Jones News
1258 GMT -- Henkel is among the most-mentioned companies across
news items over the past 12 hours, according to Factiva data, after
the company said that it would exit Russia amid its continued
invasion of Ukraine. The German consumer-goods company said it
couldn't yet quantify the financial hit coming from the decision,
and that its 2,500 employees in the country would continue to be
employed and paid. The company had previously said it would freeze
investments, advertising and sponsorship in Russia, but continue
production. Dow Jones & Co. owns Factiva.
(cecilia.butini@wsj.com)
(END) Dow Jones Newswires
April 19, 2022 09:14 ET (13:14 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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