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Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion

“Over recent years, Ferrero has expanded its presence in North America, bringing together our well-known brands from around the world with local jewels rooted in the U.S.,” said Giovanni Ferrero, Fer...

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Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

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Nutella-maker Ferrero to gobble up cereal giant Kellogg for $3.1 billion

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Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal

Ferrero International SA agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into the lucrative US market.

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Ticker: Italian candy giant buys Tony the Tiger; Ford recalls over 850,000 cars

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Italy's Ferrero agrees to buy cereal maker Kellogg

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Breakfast cereal sales declined for decades before Kellogg’s sale to Italian company

U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news that Italian confectioner Ferrero Group plans to purchase the American...

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Stocks to Watch Recap: Delta, Kellogg, Nvidia, TSMC

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WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal

1don MSN

Kellogg's Corn Flakes Now Italian? Ferrero Snaps Up US Cereal Giant for $3.1 Billion in Shock Food Takeover

In one of the most significant acquisitions in the food industry, Italian food giant Ferrero has acquired American cereal giant Kellogg's for $3.1 billion (£2.3 billion), making popular food brands such as Kellogg's Frosted Flakes,

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Cerberus and Dean Metropoulos Also Made a Bid for WK Kellogg, Sources Say

-Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons, and billionaire investor Dean Metropoulos teamed up in an unsuccessful bid for cereal maker WK Kellogg, according to three sources familiar with the matter.