Japan Tobacco shares fall 19% after Russian assets placed under temporary administration
On November 5, Vladimir Putin signed a decree transferring Japan Tobacco's stakes in Russian enterprises to the temporary administration of JSC Industrial Assets. The next day, the company's shares on the Tokyo Stock Exchange plunged by 19.31%. According to Gazeta.Ru, Japan lodged a protest, while Dmitry Medvedev commented ironically on what happened.
Aziz Karimov