Diamond Foods

Kellogg reportedly mulling $1.5bn deal to buy Diamond Foods

Kellogg reportedly mulling $1.5bn deal to buy Diamond Foods

By Elaine WATSON

Kellogg is reportedly in talks to buy Kettle Chips and Emerald nuts maker Diamond Foods in a deal that could be valued at around $1.5bn and further increase Kellogg’s presence in the snacking category as the ready-to-eat cereals market continues to struggle.

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