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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.95 | -0.94% | 99.65 | 99.00 | 102.00 | 100.6399 | 99.42 | 100.29 | 385,001 | 21:59:00 |
By Pietro Lombardi
Nestle SA will invest more than 100 million Swiss francs ($102.9 million) in factories in China to build up its footprint in the country, it said Wednesday.
Pet food and plant-based products are among the areas that should benefit from the investment, the Swiss giant said.
"In addition, there will be new investment for the confectionery business," it said.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
May 20, 2020 09:06 ET (13:06 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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