Michigan's WK Kellogg Co., the cereal giant, is set to be acquired by the Italian candymaker behind Ferrero Rocher in a ...

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The Ferrero Group said Thursday it will pay $23 for each Kellogg share, or approximately $3.1 billion. The transaction ...

Nutella fans brace for price hike as Turkish frost hits hazelnut harvest It’s yet another reminder of how vulnerable the world’s food supplies remain to climate change ...

That could be bad news for the world's biggest buyer, Italy's Ferrero SpA, which takes around a quarter of Turkey's crop to make products like Ferrero Rocher chocolates and Nutella.

The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...

The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced ...

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 ...

That could be bad news for the world’s biggest buyer, Italy’s Ferrero SpA, which takes around a quarter of Turkey’s crop to make products like Ferrero Rocher chocolates and Nutella. Hazelnuts ...

Ferrero International has agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian ...

Under the agreement, Ferrero will purchase all outstanding shares of WK Kellogg Co for $23 per share in cash, the release ...