SQUAWK/NEWS
Account
Theme
Account
Menu
Live News GEOPOLITICS ARTICLE M impact

Nestle reviews options after Kremlin places Russia business under external administration

Nestle said it was weighing all options to protect its rights after the Kremlin decided to take control of the company’s Russia business, putting it under external administration.

NESR

Nestle BX:NESR said on Friday it was weighing all options to protect its rights after the Kremlin's decision to take control of the Swiss food maker's business in Russia. The maker of Nescafe coffee and KitKat chocolates said it took note of the decision, unveiled in a presidential decree.