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All eyes on Ferrero's next generation

Family business has avoided deals till now but this could change as it has plenty of potential suitors

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Michele Ferrero (centre) with his sons Pietro (right) and Giovanni in this undated company handout photo from Nov 19, 2009.

Milan

THE death of Italian billionaire Michele Ferrero could ultimately herald a deal involving the chocolate empire bearing his name, with the family's third generation leading it into a future of increasingly hungry multinationals.

The maker of Nutella spread and Ferrero Rocher