06:40 AM EDT, 10/07/2026 (MT Newswires) -- Nestlé (NESN.SW) signed a global marketing agreement with the National Basketball Association to make Milo, Nescau, and Nesquik official partners of the sports league. The Swiss food and beverage giant said Wednesday the multi-year collaboration will also create youth basketball development programs and platforms, retail promotions, and fan experiences. The partnership will take effect in Australia, Brazil, Canada, Colombia, France, Germany, Ghana, Italy, Indonesia, Malaysia, Mexico, New Zealand, Nigeria, Singapore, Spain, Thailand, Turkey, the UK, the US, and Vietnam on Jan. 1, 2027, and the Philippines will join from October 2027.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.