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Nutella Maker Ferrero Taking Cereal Company Kellogg Private

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.

Axios on MSN · 1d

Kellogg to be acquired by Nutella maker for $3.1 billion

Breakfast cereal maker WK Kellogg on Thursday said that it has agreed to be acquired for $3.1 billion by Ferrero International, the Italian maker of Nutella. The big picture: Kellogg has struggled recently due to healthier-eating trends and inflation,

The Associated Press on MSN · 1d

Nutella maker Ferrero's deal to acquire Michigan cereal giant Kellogg valued at $3.1B

The deal, which still needs approval from WK Kellogg Co.’s shareholders, is expected to close in the second half of the year.

mlive on MSN1d

Nutella maker to buy Kellogg for $3.1B, hints at future in Battle Creek

The Kellogg cereal business, an iconic Michigan brand, is being sold to Ferrero, an Italian chocolate and sweets company.

WWMT on MSN7h

Community reacts to potential sale of WK Kellogg, a staple in Battle Creek's identity

Vassallo is disappointed in the potential sale, telling News Channel 3 that WK Kellogg is a longtime staple in town, and is what the "cereal city" was built off of. "I remember the stories of the ...

U.S. Corn Flakes Creator Kellogg Bought By Italian Candy Maker Ferrero For $3.1 Billion

The Italian food giant Ferrero is expanding its North American portfolio by acquiring Kellogg, known for iconic brands like ...

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