Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons , and billionaire investor Dean ...

Ferrero will acquire WK Kellogg in a $3.1B deal, adding top cereal brands like Frosted Flakes and Special K to its growing ...

Italian candy maker Ferrero has agreed to purchase U.S. cereal company WK Kellogg Co. in a $3.1 billion transaction, ...

Ferrero has once again used M&A to expand into another part of the store – but will it pay off? After The Wall Street Journal ...

Italian confectionery giant Ferrero will buy north American cereal maker WK Kellogg co for $23 per share in cash.

U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with ...

Ferrero said the deal would expand its presence in North America and help the company move beyond its candy and snack ...

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

Here are some of the major companies whose stocks moved on the week’s news.

The Ferrero Group, the parent company of Wells Enterprises in Le Mars, IA, is buying cereal maker WK Kellogg Co.  It will pay $23 for each Kellogg share, coming to around $3.1 billion. Kellogg’s was ...

Dean Francesca Cornelli (right) and keynote speaker John Schlifske ’83 MBA, chairman and former CEO of Northwestern Mutual, at the 2025 Kellogg Convocation.