Nestle sells U.S. candy to Ferrero amid health push
January 16, 2018 at 12:12 PM EST
LONDON/MILAN (Reuters) - Swiss food group Nestle agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, the first major sale from CEO Mark Schneider and a small step on its path towards healthier products.