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Ferrero, Froot Loops and Kellogg

Ferrero Nears Roughly $3 Billion Deal for Maker of Froot Loops, Frosted Flakes

The Italian candy maker behind Ferrero Rocher and Nutella is nearing a roughly $3 billion deal to buy the breakfast-cereal conglomerate WK Kellogg, according to people familiar with the matter. Ferrero,

· 19h · on MSN

Froot Loops maker WK Kellogg soars 50% on reports of Ferrero nearing buyout

· 14h · on MSN

Italian chocolate giant Ferrero to buy Kellogg's Froot Loops maker

· 9h

Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal

Ferrero International SA 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 US market.

· 16h

Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion

· 1d

Italian candy maker Ferrero in talks for storied US cereal maker Kellogg’s

· 12h

Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy's Ferrero

Ferrero has offered WK Kellogg's shareholders $23 per share, representing a 31% premium to the stock's last close.

· 19h

Stocks to Watch Thursday: Kellogg, TSMC, Delta

· 1d

Kellogg shares soar on reports of Ferrero takeover talks

16hon MSN

Nutella with your Corn Flakes? This cereal giant’s stock rallies on a $3 billion deal.

The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get traction.

mlive on MSN5h

Kellogg sold to Italian candy company: How leaders are responding in the ‘Cereal City’

WK Kellogg Co’s headquarters is in Battle Creek. After the transaction closes, Battle Creek will remain a core location for the company and will be Ferrero’s headquarters for North America cereal, a news release from WK Kellogg states.

11hon MSN

Nutella owner to buy U.S. cereal giant for over $3 billion

The Ferrero Group said Thursday it will pay $23 for each Kellogg share, or approximately $3.1 billion. The transaction includes WK Kellogg Co.’s six manufacturing plants, and the marketing and distribution of its breakfast cereals across the United States, Canada and the Caribbean.

Axios on MSN15h

Kellogg to be acquired by Nutella maker for $3.1 billion

Breakfast cereal maker WK Kellogg on Thursday said that it has agreed to be acquired for $3.1 billion by Ferrero International, the Italian maker of Nutella. The big picture: Kellogg has struggled recently due to healthier-eating trends and inflation, particularly since its 2023 spli t with a snacking unit that got renamed Kellanova.

mlive15h

Nutella maker to buy Kellogg for $3.1B, hints at future in Battle Creek

The brand behind famous cereal brands like Frosted Flakes, Froot Loops and Rice Krispies is being sold in a $3.1 billion deal, the companies confirmed in a news release on Thursday, July 10. The Ferrero Group has agreed to acquire WK Kellogg Co for $23 per share in cash,