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

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 the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion.

· 7h

Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal

· 11h · on MSN

WK Kellogg, the maker of iconic American cereals, will be folded into the owner of Nutella and Tic Tacs in a $3.1 billion deal.

· 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.

· 23h

Kellogg shares soar on reports of Ferrero takeover talks

· 6h

Ticker: Italian candy giant buys Tony the Tiger; Ford recalls over 850,000 cars

· 16h

Stocks to Watch Thursday: Kellogg, TSMC, Delta

The world's largest contract chip maker reported a 40% jump in January-June revenue from a year earlier.

Axios · 12h

Kellogg to be acquired by Nutella maker for $3.1 billion

· 12h

Battle Creek-based WK Kellogg agrees to sale to Ferrero Rocher in $3.1B deal

mlive on MSN2h

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.

1don MSN

Nutella with your Corn Flakes? This cereal giant’s stock rallies on word of 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.