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The deal brings candy and cereal together under one roof as European chocolate giant Ferrero expands its US footprint.
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Stocktwits on MSNWK Kellogg Stock Jumps After Ferrero Strikes $3.1B Deal To Acquire The Cereal MakerWK Kellogg (KLG) said on Thursday that the Italian company Ferrero Group will buy the breakfast cereal maker in a $3.1 ...
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Italy's Ferrero to buy WK Kellogg in $3.1 billion dealFerrero has been expanding in recent years, buying Nestle's confectionery business and a number of other sweet makers. The Italian firm, which owns Nutella, Thorntons, Kinder, and Tic Tac, was founded ...
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer demand due to inflation.
The Ferrero Group ("Ferrero" or the "Company") and WK Kellogg Co (NYSE: KLG) today announced that they have entered into a definitive agreement under which Ferrero has agreed to acquire WK Kellogg Co, ...
The stock of WK Kellogg (KLG) is up a little more than 50% on reports that chocolate maker Ferrero is offering $3 billion U.S. to acquire the cereal company. Ferrero, a privately held Italian company ...
WK Kellogg, founded by Will Keith Kellogg in the early 20th century, pioneered the contemporary breakfast period with the ...
(Reuters) -The Italian candy maker behind Ferrero Rocher and Nutella is nearing a deal to buy cereal maker WK Kellogg, a ...
Shares of Kellogg surged as much as 54% in post-market trading after the Wall Street Journal reported earlier on Wednesday ...
Family-owned Ferrero has acquired Kellogg Co. assets previously. In July 2019, the company closed a deal to buy Kellogg’s cookie, fruit and fruit-flavored snacks, ice cream cone and pie crust ...
Ferrero ’s rumoured deal to snap up WK Kellogg continued to generate headlines overnight. The WSJ yesterday reported that the ...
Tic Tac was launched in 1969 and is owned by parent company Ferrero Group. According to their website, the name Tic Tac "originates from the distinctive rattle sound created when the iconic little ...
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