Occasional Digest

Nestle faces uncertainty after Russia takes over local operations (NSRGY:OTCMKTS)

Nestlé France headquarters building near Paris

Jean-Luc Ichard/iStock Editorial via Getty Images

Nestle (NSRGY) is reviewing its options after Russia placed the Swiss food company’s local operations under temporary state administration, adding to mounting pressure on Western businesses that still hold assets in the country.

The move was announced in a presidential

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