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Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...
Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.
Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...
WK Kellogg (KLG) stock skyrockets after Ferrero confirmed it plans to buy the Foot Loops maker in a $3.1 billion deal.
Ferrero has agreed to acquire WK Kellogg (KLG, Financials) for $3.1 billion, marking the Italian confectionery giant's ...
Kellogg deal will benefit both companies. Kellogg shares rallied some 30% on the back of Ferrero's buyout proposal today.
Joining Ferrero will provide WK Kellogg Co with greater resources and more flexibility to grow our iconic brands in this competitive and dynamic market.
Italian confectionery powerhouse Ferrero is reportedly closing in on a deal to purchase Michigan-based WK Kellogg, a ...
The acquisition, to be closed in the second half of 2025, will support Ferrero's portfolio expansion and growth in North America by adding WK Kellogg's highly complementary- cereal brands.