06 Sep 2024 --- Unilever is selling its business and assets in Russia to the Arnest Group, an aerosols and metal packaging manufacturer. It joins a slew of companies that have curtailed operations and sold assets in the country amid sanctions over the war with Ukraine. The two parties have approached the Kremlin subcommittee on foreign investments and await approval before it can exit Russia. This is a requirement for Western companies shutting up shop ever since Russia invaded Ukraine in February 2022.