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Pennsylvania-based holding company

Coverage of Pennsylvania-based holding company in the Nexus archive.

Earliest in view: Apr 11 · 13:00 UTCMost recent: Apr 11 · 13:00 UTC
Co-mentioned in this coverage
CANPACKorganization1Russiaplace1Russian governmentorganization1Vladimir Putinperson1Stalelementorganization1U.S. officialsorganization1
Recent coverage
  • BUSINESSApr 11 · 13:00 UTCFOX NEWS
    Russia seizes control of US-linked firm as it pushes for renewed ties with Washington

    Russia's Kremlin ordered the seizure of CANPACK's Russian operations, valued at $700 million, under a 2025 decree, transferring full control to state-appointed managers. The Pennsylvania-based holding company lost operational authority, with executives removed and no restoration of control as of April. This move reflects Russia's broader strategy to reassert control over foreign assets amid efforts to rebuild economic ties with the U.S.