Italy's Ferrero group agrees to buy Fox's Biscuits: source
Add BT as a preferred source[MILAN] Nutella-maker Ferrero has reached a deal to buy Fox's Biscuits from British 2 Sisters Food Group, a source close to the matter said, as the Italian confectioner expands its cookie business.
The source did not give details of the accord, the second acquisition in Britain for family-owned Ferrero, which bought chocolate maker Thorntons in 2015.
The deal is expected to be officially announced later on Wednesday.
REUTERS
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