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Breakfast cereal could use a lucky charm. U.S. sales of the colorfully packaged morning staple have been in a decades-long ...
Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co., the maker of classic American cereals, according to a press release issued Thursday.
U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with ...
The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" ...
Ferrero, the parent company of Nutella, is swooping in on WK Kellogg in a deal worth over $3 billion. WK Kellogg is the ...
Brunello Cucinelli posted robust sales growth for the first half, even as rivals across the luxury-goods industry face a persistent downturn in demand and uncertainty around U.S. tariffs. The airline ...
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American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion. Ferrero, the ...
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...
The creator of a number of breakfast-table staples is getting a new owner as Ferrero Group and WK Kellogg Co. have announced ...
The current company was formed in 2023, when Kellogg's snack brands like Cheez-Its and Pringles were spun into a separate ...
Dow Jones Top Company Headlines at 1 PM ET: Ferrero Strikes Deal for Maker of Froot Loops, Frosted Flakes | Delta ... The acquisition of cereal maker WK Kellogg would bolster Ferrero's business in ...
Ferrero will buy Kellogg for $23 per share in cash for a total of about $3.1 billion. The deal has been approved by Kellogg’s board of directors, though it still needs to be approved by shareholders ...
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