The new manufacturing center will be an expansion of Ferrero’s Bloomington facility and will allow the company to produce chocolate for Crunch, 100Grand, SnoCaps, Raisinets, Goobers, Ferrero ...

Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...

Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.

Ferrero, the maker of Nutella, announces a $3.1 billion deal to acquire century-old cereal company WK Kellogg, expanding its ...

Italian chocolate maker Ferrero hosted hosted state and local officials on Wednesday to celebrate the expansion of its Bloomington operations, which will invest $214.4 million and create 200 new jobs.

Kellogg deal will benefit both companies. Kellogg shares rallied some 30% on the back of Ferrero's buyout proposal today.

Ferrero’s $3.1 billion takeover of WK Kellogg (K) marks its boldest expansion into the U.S. breakfast market, offering Ferrero Rocher owner shelf space for iconic cereals like Froot Loops ...

The Ferrero Group is acquiring Wells Enterprises, its operations and its ice cream brands, which include Blue Bunny, Blue Ribbon Classics, Bomb Pop and Halo Top. The acquisition is part of Ferrero’s ...