Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...

Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...

Cereals are a popular breakfast food in the United States that most people (if not everyone) has had at least once, whether as a child or veering into adulthood. After all, it's a simple meal that's ...

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 WK Kellogg, ...

The sale of WK Kellogg to Ferrero doesn’t mean supermarket cereal aisles are at risk of extinction. Packaged food companies have options for turning around their soggy cereal sales, Rees said.

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.

WK Kellogg is Ferrero’s most substantial acquisition so far, with a market cap of roughly $1.5 billion and a portfolio of ...

Italian chocolate giant Ferrero is taking over one of America's oldest breakfast cereal companies, buying the maker of Kellogg's Corn Flakes for $3.1bn (£2.3bn). Ferrero said it planned to invest and ...

The deal values cereal maker WK Kellogg at $23 a share, a 30% premium to its closing price on Wednesday. WK Kellogg Co., the maker of Corn Flakes, Froot Loops and other iconic cereals, agreed ...

Kellogg, the maker of such brands as Frosted Flakes, Froot Loops, Rice Krispies and Raisin Bran, began business in 1906 as the Battle Creek Toasted Corn Flake Co., before becoming Kellogg Toasted ...

The cereal giant recalled its Kellogg’s Corn Flakes Chocolate Flavour because it may contain small hard lumps of food, which are unsafe to eat.