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Nestle responds to Putin's decision to put its Russian business under external administration

Nestle responds to Putin's decision to put its Russian business under external administration

- Nestle NESN.S on Friday responded to the Kremlin's decision to take control of the Swiss food maker's business in Russia, saying it was assessing its options.

The maker of Nescafe coffee and KitKat chocolates said it took note of the decision, announced in a presidential decree on Thursday, and was assessing the situation.

"Nestle is committed to taking all necessary steps to protect its rights and ensure continuity of business operations in the interests of all stakeholders, particularly its employees," Nestle said in a statement.


(Reporting by John Revill, Editing by Friederike Heine)

((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.net))

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