Key facts: Nestlé recalls infant formula over contamination risks; shares drop
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Nestle is recalling infant formula from five brands due to contamination risks, potentially costing 1.2 billion Swiss francs. Shares fell by 0.3% after the announcement.1Nestlé is recalling certain infant formula products, including NAN and S-26, due to Bacillus cereus bacteria found in raw materials. No illnesses have been reported.2
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