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

Business Insider
  • 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...

Mentions: Nestle Kellogg earnings