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Nestle responds to Putin's decision to put its Russian business under external administration
Source: reuters.com
Geopolitics & WarCompany FundamentalsLegal & Litigation
The Kremlin has taken control of Nestle's Russian business, prompting the Swiss food maker to assess its options. The move creates material operational and asset-control risk for Nestle's Russia-related operations, although no financial magnitude or specific response measures were disclosed.
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