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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
10 Dec 2018, 01:30 PM IST
(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.
(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 value of the deal could be about $1.4 billion, according to Sole, which said Ferrero is being advised by Rothschild.
To contact the reporter on this story: Chiara Albanese in Rome at calbanese10@bloomberg.net
To contact the editors responsible for this story: Alessandra Migliaccio at amigliaccio@bloomberg.net, James Amott
©2018 Bloomberg L.P.
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