Unilever has completed the sale of its Russian subsidiary to Arnest Group, a Russian manufacturer of perfume, cosmetics and household products. The sale includes all of Unilever’s business in Russia and its four factories in the country. Unilever’s business in Belarus was included in the transaction. Arnest Group is a large contract manufacturer. “Over the past year, we have been carefully preparing the Unilever Russia business for a potential sale. This work has been very complex, an...