Nestle Likely to Sell U.S. Confectionary Business in Early 2018 -Reuters
December 21 2017 - 12:25PM
Dow Jones News
--Nestle has completed a strategic review of its U.S.
confectionary business that it said it was conducting in June, and
it expects to sell the assets in the first quarter of 2018, Reuters
reports.
--The maker of Butterfinger and Baby Ruth candy bars said in
June the review excluded Toll House baking products. It said U.S.
business generated around $920 million in sales in 2016.
Full story: http://reut.rs/2p80f1Q
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(END) Dow Jones Newswires
December 21, 2017 12:10 ET (17:10 GMT)
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