OMG what is the board thikning. Have they no morals. Buying a company in Russia. Some type of emerging 3rd world banana republic market. I hope ABTs invcesment gets to line Putin's pockets and not the ABT shareholders.
Why not outsource the board of directors to India or Russia along with all of the IT jobs being outsource off shore. Abt could save maybe 100 million paying these bozos.
The US Gov should not allow this deal to continue. Economic sanctions will continue to ratchet up as Putin continues to let the conflict in Ukraine worsen.
Re: Abbott in Russia - Break out the Vodka Sure they are moving to Moscow next week. This is a really fun division. Lots of all night parties.
Is Abbott buying the Russian company only because Putin has put in place protectionist laws. If you do not own a manufacturing plant in Russia you will not be ab E to sell in Russia the product in Russia. Is this true?