(Reuters) - Kraft Foods Inc. is in exclusive talks to buy Danone's biscuit and cereal unit for 5.3 billion euros in cash, the companies said. Kraft's shares rose 1.8 percent in Europe.
The market will close early at 1 p.m. ahead of Wednesday's U.S. Independence Day holiday when financial markets will be closed all day.
Read more at Reuters.com Business News
The market will close early at 1 p.m. ahead of Wednesday's U.S. Independence Day holiday when financial markets will be closed all day.
Read more at Reuters.com Business News
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