0913 GMT - Heineken is among the most mentioned companies across news items over the past three hours, according to Factiva data, after the brewer sold its Russia business for 1 euro ($1.08) after nearly 18 months. In March 2022 Heineken said it would depart Russia, shortly after the country invaded Ukraine and in April of this year it submitted an application to the Russian authorities to transfer the business. The business--which includes seven breweries and 1,800 employees--has been sold to Russian packaging and cosmetics company Arnest Group. Heineken stopped selling its Heineken brand in Russia last year. It said its Amstel brand will be phased out there within six months. Dow Jones & Co. owns Factiva. (ian.walker@wsj.com.)

(END) Dow Jones Newswires

August 25, 2023 05:28 ET (09:28 GMT)

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