Nestle to Weigh $1 Billion Sale of Local Chinese Brands
A pedestrian passes a Nestle SA logo at the Nescafe factory, operated by Nestle SA, in Tutbury, U.K. (Photographer: Simon Dawson/Bloomberg)

Nestle to Weigh $1 Billion Sale of Local Chinese Brands

(Bloomberg) -- Nestle SA is weighing options including a sale for two ailing Chinese units after years of attempting to turn them around, people familiar with the matter said.
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