Ferrero Acquires Kellogg

News

Ferrero Set to Acquire WK Kellogg

Ferrero acquires WK Kellogg and its boxed cereal portfolio for $3.1 billion

Ferrero revealed that it would acquire WK Kellogg for a total enterprise value of $3.1 billion, taking ownership of its boxed cereal portfolio as rising prices and health trends raise concerns for the product line.

Seeking Alpha on MSN · 3d

Ferrero Group acquires WK Kellogg for $3.1B

Shares of WK Kellogg (NYSE:KLG) were holding onto a 30% gain in Thursday’s premarket following confirmation that Ferrero Group has agreed to acquire the cereal giant for $23 per share in cash, representing an enterprise value of $3.

New Food Magazine · 2d

Ferrero to acquire WK Kellogg Co in $3.1 billion deal, strengthening North American breakfast portfolio

Ferrero will acquire WK Kellogg Co for $3.1 billion, adding iconic US cereal brands like Frosted Flakes and Special K to its growing North American portfolio.

Cover Media US on MSN2d

Ferrero Acquires WK Kellogg for $3.1 Billion to Expand North America Reach

Ferrero Group, maker of Nutella and Kinder chocolates, has acquired cereal giant WK Kellogg Co in a $3.1 billion deal.

WWMT on MSN2d

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 ...

Rolling Out3d

Your Kellogg cereal just got a sweet Italian makeover

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

mlive3d

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

The brand behind famous cereal brands like Frosted Flakes, Froot Loops and Rice Krispies is being sold in a $3.1 billion deal ...

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