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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
Wednesday, February 18, 2015 - 05:50

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


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

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