Health-conscious Nestle sells US candy to Ferrero for $2.8 billion
Wednesday , January 17 , 2018 - 09:00 PM

Swiss food group Nestle has agreed to sell its US confectionery business to Italy#39;s Ferrero for USD 2.8 billion, it said on Tuesday, marking CEO Mark Schneider#39;s first big sale and a small step on its path towards healthier products.

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