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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

Published Tue, Feb 17, 2015 · 09:50 PM
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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 chocolates has long been viewed as an appetising target for rivals such as Mondelez Inter…

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