Mars Inc

Mars Inc. to acquire Procter&Gamble's pet care brands valued USD2.9 billion

Mars Inc. announced on Wednesday that it would acquire the pet care brand names of Procter&Gamble in a deal valued USD2.9 billion, reported Reuters.

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Ferrero won't go public or sell out, eyes expansion in Asia and US instead

Italy's richest man Giovanni Ferrero said that chocolate company Ferrero SpA has no plans to go public or sell out to a bigger rival. Ferrero unveiled his company's vision to expand in Asia and the US in the next decade.

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