Putin signs decree to remove Russian stocks from overseas exchanges in huge blow to the nation's billionaires - Yahoo Canada Sports


4/19/2022 12:00:00 AM3 yearsago
by Phil Rosen

Russian stocks can no longer be listed on foreign exchanges after Putin's new law, and Russian billionaires are set to take a major hit.

In a blow to Russia's richest business people, President Vladimir Putin signed a decree on April 16 that requires Russian companies to remove their listings from overseas stock exchanges.  The likes… [+1495 chars]

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