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Nutella-maker Ferrero to gobble up cereal giant Kellogg for $3.1 billion
The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced Thursday. The deal would unite the makers of household brands including Nutella and Frosted Flakes. American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion.
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Ferrero reaches for the cereal bowlFerrero has once again used M&A to expand into another part of the store – but will it pay off? After The Wall Street Journal ...
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer ...
In one of the most significant acquisitions in the food industry, Italian food giant Ferrero has acquired American cereal ...
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