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Friday 15 December 2017

$2bn for Pringles

FOOD group the Kellogg Company has bought Procter & Gamble's Pringles business for $2.695bn.

Kellogg described Pringles as an "excellent strategic fit" that significantly advances its goal of building a global snacks business.

P&G said a prior agreement to sell Pringles to Diamond Foods had been ditched.

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