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News

Ferrero, Kellogg

The New York Times · 12h
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.
CBS News on MSN · 15h
Ferrero to buy WK Kellogg in $3.1 billion deal
The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's global reach. Kellogg, which was founded in Battle Creek, Michigan, in 1906, is known for brands including Corn Flakes, Froot Loops, Rice Crispies and Special K. Ferrero's brands include Nutella and Rocher chocolates.
Los Angeles Times · 14h
Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal
Ferrero International has agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into the lucrative U.S. market.
18hon 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 ...
1d
Ferrero to take over US breakfast cereal giant Kellogg
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
Nutella
United States
Froot Loops
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