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Ferrero denies Nestlè's offer: "We are not for sale"

The Alba-based confectionary group flatly denied the rumors reported by the press about a takeover offer made by Nestlè: "We are not for sale and there are no negotiations" - Banca Imi: "We are not aware of any transaction between Ferrero and Nestlè ”.

Ferrero denies Nestlè's offer: "We are not for sale"

“Ferrero is not for sale”. A clear and dry denial, that of the confectionery center of Alba, which follows closely the indiscretions published today by "la Repubblica", relating to a takeover offer by Nestlè: "We have no ongoing negotiations with anyone. The news reported by the newspapers, even if without any foundation, is invented from scratch”.

According to the Roman newspaper, Ferrero would have ended up in the crosshairs of the Swiss giant and a negotiation would be underway, still "in an embryonic and delicate phase". According to rumors, Banca IMI will handle the operation.

But the second denial of the morning came precisely from the investment bank of the Intesa Sanpaolo group: "We are not aware of any transaction involving Ferrero and Nestlè and there is no formal or informal contact with any of the parties mentioned in the article , in relation to the hypotheses reported".

 

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