Carlsberg says Moscow stole its Russian business

Copenhagen — Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia’s government that would make Moscow’s seizure of the assets look legitimate, the brewer’s new CEO said Tuesday. The Danish group had been trying since last year to sell its Baltika subsidiary in Russia, following in the footsteps of many other Western companies exiting the country since its invasion of Ukraine. However, after Carlsberg announced in June that it had found a buyer for the business, Russian President Vladimir Putin ordered the temporary seizure of Carlsberg’s stake in the local brewer the following month. “There is no way around the fa

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