Ferrero nears £250m deal for Fox's Biscuits

Italian confectionery giant Ferrero could announce a £250m deal for Britain's Fox's Biscuits as soon as this week. Ferrero Group, which is behind brands such as Nutella and Kinder, is in the final stages of talks over a takeover of one of Britain's biggest biscuit makers. Rivals Burton's Biscuits, which owns the Jammie Dodgers brand, and Biscuit International, one of Europe's largest makers of private label biscuits, had also expressed an interest in Fox's Biscuits. The potential deal was