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The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's ...
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...
Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...
Under the agreement, unveiled July 10, Ferrero would purchase the assets of WK Kellogg’s product portfolio in the United ...
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer ...
Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas.
A European chocolate giant is purchasing the cereal company behind Froot Loops, Frosted Flakes, and Rice Krispies. Ferrero ...
The Ferrero Group said Thursday it will pay $23 for each Kellogg share, or approximately $3.1 billion. The transaction ...
The Ferrero Group has agreed to acquire WK Kellogg Co. for $23.00 per share in cash, representing a total enterprise value of $3.1 billion.
July 10 (UPI) -- Italy's Ferrero will acquire U.S. cereal maker WK Kellogg in a $ 3.1 billion deal, the companies announced ...
Kellogg’s sales, income and stock price have been on a down slide since the 2023 split with Kellanova; Ferrero will become ...
The Ferrero Group is acquiring WK Kellogg Co. in a deal valued at $3.1 billion, or $23 per share, the companies announced ...