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NSRGY Nestle SA (PK)

109.17
-1.14 (-1.03%)
07 Jun 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
  -1.14 -1.03% 109.17 108.54 110.15 109.68 108.94 109.48 360,613 21:17:25

Nestle Puts Peanut-Allergy Treatment Palforzia Up for Sale, Bloomberg Reports

02/03/2023 8:42am

Dow Jones News


Nestle (PK) (USOTC:NSRGY)
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--Nestle SA has started a process to sell its peanut-allergy treatment Palforzia, Bloomberg reports, citing unnamed sources.

--Initial bids are expected next month, but no final decision has been made on the timing of any sale, Bloomberg reports.

--Nestle, which bought the maker of Palforzia in a $2.6 billion deal in 2020 and recently announced a $2.1 billion impairment charge on the medication, declined to comment.

 

Full story: https://bloom.bg/3y2fmuv

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

March 02, 2023 03:27 ET (08:27 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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