Finland's capital to take over Helsinki Arena from Russian owners


  • World
  • Tuesday, 12 Nov 2024

HELSINKI (Reuters) - The city of Helsinki will initiate a forced takeover of the Finnish capital's biggest sports and events arena from its sanctions-hit Russian owners, the city's executive governing board said.

The Helsinki Arena, a major concert venue and ice hockey arena, has been shut since 2022 following sanctions imposed on Russian investors after Moscow's full-scale invasion of Ukraine that year.

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