A “strategic transaction” proposition put forward by Kraft Heinz in May could well be about to emerge with a timely spin-off of assets.

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

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

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

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

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

WK Kellogg stock surges after-hours as Ferrero nears a $3 billion deal to acquire the iconic cereal company, expanding its presence in the North American food market.

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

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

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