Vladimir Putin targets American assets. Coca-Cola in the Kremlin's crosshairs

Russian businessman Vadim Smagin may gain control over Coca-Cola's Russian operations, as his company Boczkari has requested this from President Putin. Despite Coca-Cola's withdrawal from Russia, local substitutes have emerged, and the company continues to earn significant revenue through parallel imports. Smagin has previously acquired other foreign assets, supporting the war in Ukraine financially. The Kremlin's decision to seize Coca-Cola's assets aligns with Smagin's interests, as he has been involved in similar takeovers, including the Russian operations of CanPack.