1. Breaking News: Kellogg Has Agreed to Sell its Keebler and Famous Amos Businesses to Ferrero for $1.3 Billion

    Breaking News:  Kellogg Has Agreed to Sell its Keebler and Famous Amos Businesses to Ferrero for $1.3 Billion
    • Kellogg agreed to sell its Keebler and Famous Amos brands, as well as its fruit snacks business, to Ferrero for $1.3 billion.
    • The deal is expected to close by the end of July, the companies said in a statement on Monday.
    • Watch Kellogg trade live.

    Kellogg agreed on Monday to sell a collection of businesses to Italian chocolate maker Ferrero for $1.3 billion, according to a statement from the company...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. This divestiture is yet another action we have taken to reshape and focus our portfolio, which will lead to reduced complexity, more targeted investment, and better growth.
  3. Topics Mentioned

  4. Authors