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Nestle reviews options for Russia unit after external administrators

Nestle said it is assessing options for its Russian unit after Moscow transferred control to external administrators; its shares fell nearly 2% on the news.

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By WSJ StaffNestle (CH:NESN): The Swiss food-product maker said it is assessing options for its Russian unit after Moscow transferred control to external administrators, in the latest move by the Kremlin to seize the local assets of international companies. Sandoz Group (C…