The deal, announced Thursday, will see Ferrero pay $23 per share for WK Kellogg, whose portfolio includes legacy cereal brands such as Corn Flakes, Frosted Flakes, Special K, and Rice Krispies.

Fererro Group, the Italian candy maker known for Nutella, is buying WK Kellogg for a whopping $3.1 billion. “We want the ...

Ferrero acquires WK Kellogg for $3.1B, enhancing profitability and synergy. Limited stock arbitrage; key focus on regulatory ...

Ferrero, known for brands like Nutella and Butterfinger, is taking cereal company WK Kellogg private in a deal valued at ...

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

Ferrero, the parent company of Nutella, is swooping in on WK Kellogg in a deal worth over $3 billion. WK Kellogg is the ...

Kellogg shares rocketed higher after the company announced it was being acquired for $23. Shares of cereal maker WK Kellogg ...