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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 an effort to expand its North American sales.

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Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion

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WK Kellogg (KLG) Skyrockets 30.6% as Ferrero Gobbles Up Stake

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

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

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

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Nutella maker Ferrero buys cereal company Kellogg for $3.1 billion

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Breakfast cereal sales declined for decades before Kellogg’s sale to Italian company

U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news that Italian confectioner Ferrero Group plans to purchase the American...

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Stocks to Watch Recap: Delta, Kellogg, Nvidia, TSMC

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

Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal

Ferrero International has 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 U.S. market.

Italy's Ferrero to buy Kellogg for $3.1 billion, but regional HQ to stay in Battle Creek

The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" graces almost everything.

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Cerberus and Dean Metropoulos Also Made a Bid for WK Kellogg, Sources Say

-Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons, and billionaire investor Dean Metropoulos teamed up in an unsuccessful bid for cereal maker WK Kellogg, according to three sources familiar with the matter.

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Nutella maker to buy Kellogg for $3.1B, hints at future in Battle Creek

The brand behind famous cereal brands like Frosted Flakes, Froot Loops and Rice Krispies is being sold in a $3.1 billion deal, the companies confirmed in a news release on Thursday, July 10. The Ferrero Group has agreed to acquire WK Kellogg Co for $23 per share in cash,