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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.
USA TODAY · 3d
WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer demand due to inflation.
4don 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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