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    Nestle reviews options after Russia asset seizure

    51 minutes ago

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    Nestle is evaluating its options following the seizure of its Russian business by President Vladimir Putin, who issued a decree placing the company's assets in temporary administration. This action marks a significant takeover of foreign corporate assets in Russia. Nestle, which has operated in Russia since 1995, generates approximately two billion Swiss francs in annual revenue from its Russian operations.
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