The Kremlin has placed Russian subsidiaries of Dutch paint maker AkzoNobel under state management, following a decree signed by president Vladimir Putin on Monday. The company told shareholders its three Russian subsidiaries have been put under “temporary external administration”. AkzoNobel said its ownership of the subsidiaries is unchanged and that it is studying the decree to assess the consequences. The Amsterdam-based company, which owns brands including Dulux and Sikkens, said it remains committed to supporting its employees in Russia and...