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Many businesses are concerned about dealing with any official Russian counterparty, or other individuals or groups that may yet be sanctioned. “It’s like the walls are closing in . . . What comes first? I get the deal away or my buyer gets sanctioned?” said one adviser.
We never stated we will stay in Russia. We have just not stated that we will exit from Russia, which is a little different
The situation is further complicated by the fact that many western executives situs judi slot online gampang menang have recused themselves from any discussions around sales that could expose them personally to sanctions violations.
The alternative option for divestment is to find international bidders. But the restructuring expert said there had been fewer than they expected. “Everyone would like this to be solved by the Chinese, the Indians and the Turks because it’s clean and it’s easy, but the greater reality is, [the buyers] are Russians.”