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Ferrero to buy cereal maker WK Kellogg for $3.1 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.

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

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Nutella Maker Ferrero to Buy WK Kellogg for $3.1 Billion in Landmark Deal

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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.

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Ferrero to take over US breakfast cereal giant Kellogg

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

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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.

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Stocks to Watch Thursday: Kellogg, TSMC, Delta

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Shares of Froot Loops cereal maker soar 50% after reports of Ferrero acquisition

Just Food3h

Ferrero reaches for the cereal bowl

Ferrero has added more products to its basket with an eye-catching move for US cereal business WK Kellogg. Ferrero has once again used M&A to expand into another part of the store – but will it pay off?

1don MSN

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,

Kellogg Shares Surge on WSJ Report of Ferrero $3 Billion Takeover Bid

Shares of WK Kellogg soared following a report by The Wall Street Journal that Italian candy maker Ferrero is nearing a $3 billion deal to buy the cereal conglomerate. WK Kellogg stock was up 52%, at $26.53, after hours. Shares closed the market down slightly year-to-date.