Nutella Maker Reportedly Snags Deal to Buy Nestlé’s U.S. Candy Business

Source: Grub Street NY

It looks like Nutella is about to get some American stepsiblings. Italian parent company Ferrero has reportedly struck a $2.8 billion deal to acquire all of Nestlé’s U.S. candy brands. An insider tells Bloomberg News that the official announcement could come as soon as Sunday, and it’d put Nutella …

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