The Ferrero Group has agreed to acquire WK Kellogg Co for $23 per share in cash, for a total enterprise value of $3.1 billion, WK Kellogg said in a news release. RELATED: Kellogg’s reportedly set to sell 119-year-old cereal company in $3B 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.

I Tried the Viral Nutella Pancakes and They're My New Favorite Weekend Breakfast first appeared on Parade on Jun 28, 2025 This story was originally reported by Parade on Jun 28, 2025, where it first appeared. This weekend’s deals include half off a 4K Fire TV Stick, $50 off AirPods Pro and a Yeti tumbler for its lowest price ever.

Nutella prices may soon climb after Turkey — the world’s top hazelnut producer — was hit by a devastating spring frost that wiped out large swathes of crops. As the firm behind the brand faces rising raw material costs,

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