Kellogg Company closes sale of Keebler cookies and related businesses to Ferraro
Kellogg Company (NYSE: K) announced that it has closed the sale of Keebler cookies and other selected businesses to the Ferrero Group and its related companies.
"This sale strengthens our ability to focus on the areas of our business with the biggest growth opportunities, which is a key component of our Deploy for Growth Strategy," said Steve Cahillane, Kellogg's chairman and CEO.