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Italy's Ferrero in Talks to Buy Arnott's Biscuits, Sole Reports

Italy's Ferrero in Talks to Buy Arnott's Biscuits, Sole Reports

Chiara Albanese

(Bloomberg) -- Ferrero SpA, the maker of Nutella spread, is in talks with Campbell Soup Co. about buying Arnott’s Biscuits, Il Sole 24 Ore reported, without saying where it got the information.

The of the deal could be about $1.4 billion, according to Sole, which said Ferrero is being advised by Rothschild.

©2018 Bloomberg L.P.

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