Nestle settles with Agecore

|About: Nestle S.A. ADR (NSRGY)|By:, SA News Editor

The boycott of Nestle (OTCPK:NSRGY) by grocery chains in Europe is officially over after the company struck a "balanced agreement" with Agecore.

Purchasing group Agecore and its members started the limited boycott over pricing more than two months ago.

Shares of Nestle are down 1% in Zurich trading.

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