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News

Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

USA TODAY · 7h
WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer demand due to inflation.
Associated Press News on MSN · 6h
Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion.
The New York Times · 7h
Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops.
12hon MSN
Ferrero Strikes Roughly $3 Billion Deal for Maker of Froot Loops, Frosted Flakes
Ferrero has been targeting the U.S. for acquisitions to grow geographically and expand by category. It bought Wells ...
22hon MSN
Kellogg shares soar on reports of Ferrero takeover talks
WK Kellogg and Ferrero did not immediately respond to BBC requests for comment. WK Kellogg's shares surged by more than 56% ...

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Related topics

WK Kellogg
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