{"id":2788,"date":"2018-03-14T20:22:08","date_gmt":"2018-03-14T16:22:08","guid":{"rendered":"http:\/\/www.packagingmea.com\/demo\/?p=2788"},"modified":"2018-03-14T20:22:08","modified_gmt":"2018-03-14T16:22:08","slug":"nestle-agrees-to-sell-u-s-confectionery-business-to-ferrero","status":"publish","type":"post","link":"http:\/\/www.packagingmea.com\/demo\/2018\/03\/14\/nestle-agrees-to-sell-u-s-confectionery-business-to-ferrero\/","title":{"rendered":"Nestl\u00e9 agrees to sell U.S. confectionery business to Ferrero"},"content":{"rendered":"<p>Nestl\u00e9 today announced that it agreed to sell its U.S. confectionery business to Ferrero for USD 2.8 billion in cash. Nestl\u00e9\u2019s 2016 U.S. confectionery sales reached about USD 900 million. The transaction is expected to close around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions. Nestl\u00e9 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.packagingmea.com\/demo\/2018\/03\/14\/nestle-agrees-to-sell-u-s-confectionery-business-to-ferrero\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nestl\u00e9 agrees to sell U.S. confectionery business to Ferrero&#8221;<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nestl\u00e9 today announced that it agreed to sell its U.S. confectionery business to Ferrero for USD 2.8 billion in cash. Nestl\u00e9\u2019s 2016 U.S. confectionery sales reached about USD 900 million. The transaction is expected to close around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions. Nestl\u00e9 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.packagingmea.com\/demo\/2018\/03\/14\/nestle-agrees-to-sell-u-s-confectionery-business-to-ferrero\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nestl\u00e9 agrees to sell U.S. confectionery business to Ferrero&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2788","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nestl\u00e9 agrees to sell U.S. confectionery business to Ferrero - Packaging MEA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.packagingmea.com\/demo\/2018\/03\/14\/nestle-agrees-to-sell-u-s-confectionery-business-to-ferrero\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nestl\u00e9 agrees to sell U.S. confectionery business to Ferrero - Packaging MEA\" \/>\n<meta property=\"og:description\" content=\"Nestl\u00e9 today announced that it agreed to sell its U.S. confectionery business to Ferrero for USD 2.8 billion in cash. Nestl\u00e9\u2019s 2016 U.S. confectionery sales reached about USD 900 million. The transaction is expected to close around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions. 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