Nutella maker Ferrero buys U.S. confectioner Fannie May
March 16, 2017 at 13:12 PM EDT
MILAN, March 16 (Reuters) - Nutella maker Ferrero has signed a deal to buy U.S. confectioner Fannie May from online retailer 1-800-FLOWERS.COM for $115 million in a move to strengthen the Italian company's presence in the overseas market, they said in a joint statement.
