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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 ...
WK Kellogg Co (NYSE: KLG) soared about 30% on Thursday morning after Italian confectionary giant Ferrero said it will buy the ...
Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.
Ferrero has agreed to acquire WK Kellogg (KLG, Financials) for $3.1 billion, marking the Italian confectionery giant's ...
This acquisition represents an important step in the expansion and growth of Ferrero's portfolio in North America.
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...
Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...
Italian confectionery powerhouse Ferrero is reportedly closing in on a deal to purchase Michigan-based WK Kellogg, a ...
WK Kellogg shares skyrocketed by approximately 50% in pre-market trading following news that Italian confectionery giant ...
WK Kellogg and Ferrero did not immediately respond to BBC requests for comment. WK Kellogg's shares surged by more than 56% ...
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.