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News Articles: nutella

The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced Thursday. The deal would unite the makers of household brands including Nutella and Frosted Flakes.

Nutella-maker Ferrero to gobble up cereal giant Kellogg for $3.1 billion

Italian candy giant Ferrero offered the American breakfast company a $3.1 billion deal too sweet to pass up.

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By:
  • Alina Selyukh