Nestlé Sells US Candy Business To Nutella Maker Ferrero In $2.8B Deal Nestlé announced a new agreement to sell its U.S. confectionery business to Italian firm Ferrero. The deal is worth $2.8 billion in cash and it's expected to close by the end of the quarter. by Alexandra Burlacu
Health Nutella Maker Defends Use Of Palm Oil Amid Boycott By Other Food Companies Over Cancer Scare by Allan Adamson