Impact of Ferrero Takeover

News

Ferrero, Kellogg and Takeover

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.

Euronews on MSN · 4d

Shares in WK Kellogg soar on reports of a takeover by Italy’s Ferrero

The deal could allow the chocolate maker to establish a strong foothold in the US cereal market. View on euronews

MarketWatch · 4d

Kellogg Shares Surge on WSJ Report of Ferrero $3 Billion Takeover Bid

Shares of WK Kellogg soared following a report by The Wall Street Journal that Italian candy maker Ferrero is nearing a $3 billion deal to buy the cereal conglomerate. WK Kellogg stock was up 52%, at $26.53, after hours. Shares closed the market down slightly year-to-date.

4don MSN

Kellogg shares soar on reports of Ferrero takeover talks

Shares in breakfast cereal giant WK Kellogg have soared after reports that chocolate maker Ferrero is close to buying the ...

sharewise3d

Kellogg Stock: Ferrero's $3.1 Billion Takeover Bid Soars

WK Kellogg shares skyrocketed by approximately 50% in pre-market trading following news that Italian confectionery giant ...

Supply Chain3d

Italy’s Ferrero to Buy U.S. Cereal Icon Kellogg

Ferrero, the Italian candy maker, has agreed to acquire WK Kellogg, the giant of American, in a deal valued at $3.1 billion, the companies announced on July 10. The New York Times reports that the ...

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