Sunday 18 February 2018
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reuters
1 months ago

Nestle sells U.S. candy business to Ferrero for $2.8 billion amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy s Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider s first big sale and a small step on its path toward healthier products

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