John Bryant News

Cereal maker Kellogg to buy $450M stake in Nigeria's Multipro to grow in Africa

Cereal maker Kellogg to buy $450M stake in Nigeria's Multipro as part of Africa expansion

Kellogg Co. agreed to buy a 50 percent stake in Nigerian food distributor Multipro for $450 million and is creating a joint venture with Tolaram Africa to help expand on the continent.