Holland & Barrett Russian oligarch backers stand down from investor board following sanctions

Holland and Barrett store

Holland & Barrett has insisted its operations will not be impacted by sanctions placed on its Russian oligarch backers, who have now stepped down from its owner’s board.

Mikhail Fridman, along with his business partner Petr Aven, has been sanctioned by the European Union following the invasion of Ukraine because of their connections to Russian president Vladimir Putin.

 

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