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Italian candy maker Ferrero has agreed to purchase U.S. cereal company WK Kellogg Co. in a $3.1 billion transaction, according to reports.
Fererro Group, the Italian candy maker known for Nutella, is buying WK Kellogg for a whopping $3.1 billion. Changes are ...
The Manila Times on MSN28m
Ferrero acquires WK Kellogg for $3.1-B
Michael Ashley Schulman, chief investment officer of Running Point Capital Advisors said.Strong demand and strained supply had pushed cocoa prices to a record high last year, sparking concerns among ...