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News Brief

July 28, 2000
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The Nestle food company said it will contribute to a $1.25 billion settlement reached between Holocaust survivors and Switzerland’s largest banks, but on one condition. The Switzerland-based company said it wants the U.S. judge who approved the settlement earlier this week to protect Swiss companies that employed forced laborers at their German units. Nestle used such laborers at several small subsidiaries in Nazi Germany.

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