Russia blocks Sanoma mags’ sale to Hearst Shkulev Media

17 Jun 2015

Not exactly classified-y, but we’ve reported before on Sanoma’s and Hearst’s ventures in Russia – and how new laws there make it more difficult for foreign investors:  Finland-based Sanoma sought to sell Fashion Press — which publishes  the Russian versions of Cosmopolitan and Esquire — to Hearst’s Russian arm, Hearst Shkulev Media.

Government officials said nyet, r

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