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Announced

Chernogolovka to acquire russian operations of Kellogg.

Synopsis

Chernogolovka, a snacks and drinks maker, agreed to acquire russian operations of Kellogg, an American multinational food manufacturing company. Financial terms were not disclosed. The Corn Flakes maker earlier this year suspended all imports of its products in Russia and pulled investments including advertising and promotions in the country, following Moscow's invasion of Ukraine.

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