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News

Ferrero, WK Kellogg

The New York Times · 3d
Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops.
Los Angeles Times · 3d
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.
UPI on MSN · 3d
Ferrero to acquire WK Kellogg for $3.1 billion
July 10 (UPI) -- Italy's Ferrero will acquire U.S. cereal maker WK Kellogg in a $ 3.1 billion deal, the companies announced Thursday. The agreement includes manufacturing, marketing and distribution of WK Kellogg's portfolio of breakfast cereals across the United States, Canada and the Caribbean.
3don MSN
Nutella maker Ferrero's deal to acquire Michigan cereal giant Kellogg valued at $3.1B
The deal, which still needs approval from WK Kellogg Co.’s shareholders, is expected to close in the second half of the year.
4d
WK Kellogg Stock Pops 50% On Potential $3 Billion Acquisition
WK Kellogg Co shares are soaring in Wednesday's after-hours session following a report that Ferrero is nearing a deal to ...

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