Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...

For Ferrero, the acquisition of WK Kellogg is a strategic move to diversify its portfolio beyond confectionery and expand ...

This deal continues Ferrero's track record of acquiring and growing well-known brands to strengthen its North American ...

Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.

Kellogg deal will benefit both companies. Kellogg shares rallied some 30% on the back of Ferrero's buyout proposal today.

Paris Baguette aims for 1K U.S. cafés by 2030 with strong sales, franchise growth, new Texas bakery and community-focused expansion strategy.

Italian confectionery powerhouse Ferrero is reportedly closing in on a deal to purchase Michigan-based WK Kellogg, a ...

Microsoft is firing thousands of workers, its second mass layoff in months. The tech giant began sending out layoff notices ...

Ferrero is set for a significant expansion of its portfolio in North America and Caribbean, as it confirms a huge $3.1 ...

Ferrero is set to acquire KLG for $3.1B in cash, marking its North America expansion and entry into the cereal market.