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Nestlé Russia placed under temporary external administration

Nestlé said it is noting Russia’s presidential decree putting Nestlé Russia under temporary external administration and is assessing its options.

NESR

Nestlé said it has taken note of Russia's presidential decree, published yesterday, which places Nestlé Russia under temporary external administration. The company said it is assessing the situation and its options. [Ad hoc announcement pursuant to Art. 53 LR]