Swiss food group Nestle has agreed to sell its US confectionery business to Italy’s Ferrero for $2.8 billion. Photo: ReutersMumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. Read moreNifco to raise $75 million offshore capital for residential projectsNisus Finance Services Co. Pvt. Ltd (Nifco), a real estate investment firm, is raising around $75 million from investors in the US, Japan and Europe to invest in residential projects in India, reports Mint. Read moreNestle sells US confectionery biz to Ferrero for $2.8 billion amid health pushSwiss food group Nestle has agreed to sell its US confectionery business to Italy’s Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider’s first big sale and a small step on its path towards healthier products, reports Reuters.

Source: Mint January 17, 2018 06:22 UTC