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Vassallo is disappointed in the potential sale, telling News Channel 3 that WK Kellogg is a longtime staple in town, and is what the "cereal city" was built off of. "I remember the stories of the ...
WK Kellogg—whose brands include Froot Loops, Frosted Flakes and Rice Krispies—was spun off from Kellogg in 2023, a move that separated its North American cereal business from its remaining global ...
Ferrero’s $3.1bn acquisition folds Froot Loops and Frosted Flakes into its candy empire, proving breakfast and dessert are a ...
Kraft Heinz is reportedly weighing a breakup. Some analysts have already said it 'should slim down.'
After merging a decade ago, packaged-food giant Kraft Heinz Co. is weighing a breakup, the Wall Street Journal reported on Friday, following recent struggles with inflation-fatigued shoppers, ...
Ferrero will acquire WK Kellogg in a $3.1B deal, adding top cereal brands like Frosted Flakes and Special K to its growing ...
Business quiz! Chip maker Nvidia made headlines this week after the company: a) announced a partnership with Campbell’s to create SoupGPT, a line of ready-to-soups that use AI and facial recognition ...
Ferrero said the deal would expand its presence in North America and help the company move beyond its candy and snack ...
Italian candy maker Ferrero has agreed to purchase U.S. cereal company WK Kellogg Co. in a $3.1 billion transaction, ...
This deal continues Ferrero's track record of acquiring and growing well-known brands to strengthen its North American ...
This acquisition represents an important step in the expansion and growth of Ferrero's portfolio in North America.
Giovanni Ferrero has expanded his family's company beyond brands like Nutella and built a global powerhouse—especially ...
The Ferrero Group has entered a definitive agreement to acquire Battle Creek-based WK Kellogg Co. (NYSE: KLG) for $23 per share in cash, or $3.1 billion. The acquisition includes the manufacturing, ...
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