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NSRGY Nestle SA (PK)

101.20
0.06 (0.06%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Nestle SA (PK) USOTC:NSRGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.06 0.06% 101.20 101.18 102.21 102.17 101.12 102.12 594,323 22:20:00

Nestle Considers Sale of Two Chinese Units for Over $1 Billion -Bloomberg

30/10/2019 5:20am

Dow Jones News


Nestle (PK) (USOTC:NSRGY)
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From May 2019 to May 2024

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--Nestle SA (NESN.EB) is weighing a sale of two Chinese units, and is seeking over $1 billion for its controlling stakes in the units, Hsu Fu Chi and Yinlu, Bloomberg reported, citing unnamed sources.

--The Swiss food giant may sell only part of its stakes in one or both of the units, which have faced sluggish growth in recent years, according to Bloomberg.

 

Full story: https://bloom.bg/2WopLNn

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

October 30, 2019 01:05 ET (05:05 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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