Vending

Nestlé to exit Myanmar over violence, instability

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March 1, 2023

Nestlé S.A. will close its factory and head office in Yangon, Myanmar due to violence and instability in the country, according to a CNN report.

The company joins other foreign-based firms, such as Chevron, that have exited the country since a military coup ousted Aung San Suu Kyi's government, killing thousands nationwide.