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Company behind Nutella is buying the maker of Froot Loops

It’s official: The company behind Nutella is buying the maker of Froot Loops

Ferrero Group is buying WK Kellogg Co. for roughly $3 billion. The deal will see the parent company of several candy bar and snack brands add a collection of well-known breakfast cereals to its holdings,

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

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

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Ferrero to take over US breakfast cereal giant Kellogg

Shares in the US maker of Kellogg's Corn Flakes have soared after reports that chocolate giant Ferrero is close to buying the firm for about $3bn (£2.2bn).

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

Santa Rosa Press Democrat · 1d

Nutella maker Ferrero taking cereal company Kellogg private in a deal valued at about $3.1 billion

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Michigan's WK Kellogg cereal maker set to be bought by Italian candymaker Ferrero

The deal, if confirmed by the companies, would mark another potential loss for corporate Michigan and its ability to retain such heritage companies as Kellogg.

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

Putnam Daily Voice · 1d

Chocolate Giant To Buy Kellogg's Cereal Company For $3.1B: Here's Why

Nutella-maker Ferrero to gobble up cereal giant Kellogg for $3.1 billion

The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced Thursday. The deal would unite the makers of household brands including Nutella and Frosted Flakes. American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion.

mlive on MSN1d

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

The Kellogg cereal business, an iconic Michigan brand, is being sold to Ferrero, an Italian chocolate and sweets company.

Kellogg’s bought for $3.1B by Nutella parent company

Kellogg’s, famous for making Frosted Flakes and Froot Loops, has struck a deal to be being for $3.1 billion by the Ferrero Group, which owns Nutella and Kinder.

1don 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.