MILAN (Reuters) - U.S. food group Kellogg Co has agreed to sell its Keebler biscuits brand and other assets to Nutella maker Ferrero for $1.3 billion (992.59 million pounds) as it focuses on its core ...

MILAN (Reuters) - For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.

Ferrero has once again used M&A to expand into another part of the store – but will it pay off? After The Wall Street Journal and Reuters reported on Wednesday (9 July) Ferrero was nearing an ...

Giovanni Ferrero, chairman of his family's namesake confections empire. Ferrero Group, the confections giant best known for Nutella and Tic Tac, will acquire a number of iconic American brands from ...

Italian chocolate giant Ferrero has said that its current chief executive and member of the founding Ferrero family, Giovanni Ferrero, will move to the strategy-focused role of chairman and Lapo ...

[Stay on top of transportation news: Get TTNews in your inbox.] Ferrero International SA agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian family-owned ...

The Kraft Heinz Company (NASDAQ:KHC) is one of the stocks on Jim Cramer’s radar. During the episode, Cramer discussed the future possibilities of the company. He said: “I mean, you could see… Kraft ...

MILAN, April 1 () - U.S. food group Kellogg Co has agreed to sell its Keebler biscuits brand and other assets to Nutella maker Ferrero for $1.3 billion as it focuses on its core cereals and snacks ...

MILAN--Italian candy giant Ferrero International SA named its first nonfamily chief executive in two decades, as an ambitious effort to boost sales and expand its global footprint starts to make ...