Bloomberg Kellogg Co agreed to sell its cookies and fruit snack brands including Keebler and Famous Amos to Ferrero SpA for $1.3 billion, as the cereal maker refocusses on the fast-growing parts of its business. The businesses generated sales of about $900 million in 2018, the companies said. The all-cash transaction is expected to close by the end of July. …

Bloomberg Apollo Global Management LLC is seeking to raise as much as $1 billion for a new aircraft-finance fund. The fund, expected to launch this year, would make various aviation investments and have a nine-year term, according to a person with knowledge of the matter, who asked not to be identified because the information isn’t public. Charles V. Zehren, a …

Bloomberg After spending more than a century selling baby formula, Nestle SA realised it’s neglected another potential customer: mom. The Swiss food giant is expanding its offering for expecting and lactating women to add products that it says will help reduce health risks related to motherhood. The business could generate $500 million to $1 billion in 10 years, according to …