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The Guardian - UK
The Guardian - UK
Business
Rupert Neate

Three more Russian billionaires resign from LetterOne board

Holland & Barrett
LetterOne owns the health retail chain Holland & Barrett and a swathe of energy assets across Europe. Photograph: Andy Rain/EPA

Three more Russian billionaires have resigned from the board of the $22bn (£17bn) investment firm LetterOne after the EU imposed sanctions on its two biggest shareholders.

The company, which owns the health retail chain Holland & Barrett in the UK and a swathe of energy assets across Europe, said on Monday that German Khan, Alexei Kuzmichev and Andrei Kosogov had “resigned from all positions at LetterOne, including the board”.

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