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Ferrero Set to Acquire WK Kellogg

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

Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid wider food manufacturer consolidation.

NJBIZ · 5h

Ferrero to acquire cereal giant WK Kellogg for $3.1B

· 1d · on MSN

Ferrero to buy WK Kellogg in $3.1 billion deal

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

Ferrero International SA 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 US market.

· 1d

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

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Ferrero to take over US breakfast cereal giant Kellogg

· 6h

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

1don MSN

WK Kellogg Stock Pops as Ferrero Buys Cereal Giant for $3.1B

Shares of WK Kellogg ( KLG) surged 30% Thursday as the maker of Froot Loops and Frosted Flakes announced it had reached a deal to be acquired by Italian sweets company The Ferrero Group for $23 per share in cash, or about $3.1 billion.

2don MSN

Nutella with your Corn Flakes? This cereal giant’s stock rallies on word of a $3 billion deal.

The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get traction.

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