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2022-09-03 03:31:57 By : Mr. Eason Wen

A Pizza Hut restaurant is seen in a mall in Shanghai, China September 18, 2018. REUTERS/Aly Song

Aug 26 (Reuters) - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they scramble to comply with sanctions over the Ukraine conflict and deal with threats from the Kremlin that foreign-owned assets may be seized.

Below is a list of firms by sector that have sold their businesses in Russia:

** British car distributor Inchcape (INCH.L) sold its Russian business to local management

** Italian truck and bus maker Iveco (IVG.MI) transferred its 33% stake in AMT truck assembly joint venture in Russia to local partner read more

** French tyre maker Michelin (MICP.PA) intends to transfer its activities in Russia to a new entity under local management by the end of 2022 read more

** French carmaker Renault (RENA.PA) sold its majority stake in Avtovaz to a Russian science institute, and transferred all shares in Renault Russia to the city of Moscow read more

** Britain's HSBC agreed to sell its Russian business to Expobank, subject to regulatory approvals in Russia read more

** Czech investment group PPF sold its Russian banking assets, including consumer lender HCFB and its subsidiaries, to investors led by Ivan Tyryshkin read more

** France's Societe Generale (SOGN.PA) sold its Russian business Rosbank (ROSB.MM) to Interros Capital, a firm linked to Russian oligarch Vladimir Potanin read more

** Swedish home appliance maker Electrolux Professional (EPROb.ST) sold its Russian business to local management read more

** Whirlpool (WHR.N) agreed to sell its Russian operations to Turkey's Arcelik (ARCLK.IS), with closing expected in the third quarter read more

** Finland's Boreo (BOREO.HE) sold its 90% stake in YE Russia to companies controlled by its current director Yrjö Pönni

** Finnish elevator maker Kone (KNEBV.HE) expects to close the sale of its Russian business to local management in the fourth quarter read more

** France's Schneider Electric (SCHN.PA) expects to close the sale its Russian unit to local management by the end of 2022 read more

** U.S. elevator maker Otis (OTIS.N) sold its Russia business to local investment firm Ice Development read more

** Baker Hughes (BKR.O) agreed to sell its oilfield services business in Russia to local management, with closing expected in the second half of 2022 read more

** Italian utility Enel (ENEI.MI) sold its 56.43% stake in Enel Russia to Lukoil (LKOH.MM) and private fund Gazprombank-Frezia read more

** Norway's Equinor (EQNR.OL) transferred assets of its four Russian oil and gas joint ventures to state-owned partner Rosneft (ROSN.MM), and agreed to exit the Kharyaga oil project read more

** Oil major Shell (SHEL.L) sold its Russian retail and lubricants business, including 411 retail stations and the Torzhok lubricants blending plant, to Lukoil read more

** Singapore-based commodities trader Trafigura sold its 10% stake in Vostok Oil project in Siberia to Hong Kong-registered trading firm Nord Axis read more

** Total Energies (TTEF.PA) is selling its stake in Terneftegaz, a joint venture with Novatek, to the Russian oil and gas company, with closing expected in September read more

** Finland's Atria (ATRAV.HE) sold its fast food business in Russia, Sibylla Rus, to Russian meat producer Cherkizovo (GCHE.MM)

** Finland's Fazer sold its Russian unit to Moscow's Kolomenskij Bakery and Confectionery Holding

** Irish ingredients giant Kerry Group (KYGa.I) sold its Russian subsidiary to local management and agreed to offload its Belarusian unit to a local operator

** Fast food chain McDonald's sold its Russian business to its licensee Alexander Govor read more

** Finnish food and drinks company Paulig sold its operations in Russia to private Indian investor Vikas Soi

** Yum Brands (YUM.N) sold its Pizza Hut business in Russia to a local operator read more

** Finnish food processing firm Raisio (RAIVV.HE) sold its consumer business in Russia to Copacker Agro

** Finnish dairy producer Valio sold its Russian business to GK Velkom

** Polish measuring devices maker Apator's (APTP.WA) Powogaz unit divested its entire stake in Russia-based AO Teplovodomer

** Danish industrial firm Danfoss agreed to sell its Russian and Belarusian business to local management, with closing expected in September

** Switzerland's Oerlikon (OERL.S) sold its Russian operations to local management

** Finnish forest machine maker Ponsse (PON1V.HE) sold its unit operating in Russia and Belarus to OOO Bison, a Russian company set up a month earlier by the owner of its local retailer read more

** Finnish forestry firm Stora Enso (STERV.HE) sold its three packaging plants and two sawmills to local management, and expects to complete the transfer of its forest operations in the second half of 2022

** Norwegian carton packaging and filling equipment supplier Elopak (ELO.OL) agreed to sell its Russian unit JSC Elopak to a company beneficially owned by the local management, with closing expected in the second half of 2022

** Britain's Mondi (MNDI.L) expects to close the sale of its largest Russian plant to an investment vehicle owned by Russian billionaire Viktor Kharitonin in the second half of 2022 read more

** Swedish-Swiss firm Tetra Pak agreed to divest its Russian business to local management, subject to regulatory approval read more

** Poland's LPP (LPPP.WA) sold its Russian company RE Trading to a Chinese consortium read more

** Beauty chain Sephora, owned by French luxury firm LVMH (LVMH.PA), is selling its Russian unit to the local general manager read more

The clearance process is under way and is typically expected to take a few months, a spokesperson told Reuters via email

** Finland's SOK sold the Saint Petersburg stores of its Prisma retail chain to Russia's X5 (FIVEDR.MM), and its hotels business in the city to Russian investors Alexander Ermakov and Yury Shumakovare

** Biopharmaceutical firm Bristol-Myers Squibb (BMY.N) transferred its commercial operations in Russia to a third-party distributor read more

** Dutch recruiter Brunel International (BRUN.AS) transferred its Russian operations to local management

** British tobacco group Imperial Brands (IMB.L) sold its Russian business to "investors based in Russia" read more

** Norwegian paint maker Jotun, in which Orkla (ORK.OL) holds a 42.6% stake, sold its Russian assets to industrial group Atomstroykomplex read more

** Canadian gold miner Kinross (K.TO) sold its Russian assets to the Highland Gold Mining Group

** Swedish ventilation systems maker Lindab (LIAB.ST) sold its Russian unit to the local managing director read more

** Finnish training company Soprano (SOPRA.HE) sold MIF Russia unit to local management

** Finnish builder YIT (YIT.HE) sold its Russian operations to Etalon Group (ETLNGq.L)

** Swiss insurer Zurich (ZURN.S) sold its Russian business to 11 members of the local team read more

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Yogurt maker Chobani is withdrawing its plans for an initial public offering in the United States after having delayed its listing plans earlier this year, marking the first high-profile casualty of the current slowdown in stock market flotations.

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