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The deal brings candy and cereal together under one roof as European chocolate giant Ferrero expands its US footprint.
Italian Nutella maker Ferrero is buying WK Kellogg in a $3.1bn (€2.6bn; £2.3bn) deal, with the US cereal giant giving the ...
The acquisition includes the manufacturing, marketing and distribution of WK Kellogg Co's portfolio of breakfast cereals ...
The brand behind famous cereal brands like Frosted Flakes, Froot Loops and Rice Krispies is being sold in a $3.1 billion deal ...
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 deal could allow the chocolate maker to establish a strong foothold in the US cereal market.View on euronews ...
An Italian candy company is looking to buy the breakfast cereal maker WK Kellogg in a business deal that would cost roughly ...
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 ...
Ferrero would pay $23 per share to acquire Battle Creek-based WK Kellogg Co. in a deal valued at $3.1 billion.
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...
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