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Ferrero, WK Kellogg

Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion

Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid wider food manufacturer consolidation.

Ferrero to acquire cereal giant WK Kellogg for $3.1B

Ferrero will acquire WK Kellogg in a $3.1B deal, adding top cereal brands like Frosted Flakes and Special K to its growing portfolio.

Detroit Free Press · 1d

WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal

WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer demand due to inflation.

1hon MSN

Cerberus and Dean Metropoulos also made a bid for WK Kellogg, sources say

Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons , and billionaire investor Dean ...

26m

WK Kellogg, Nvidia, Delta Air Lines and More Stocks That Defined the Week

The Score is a weekly review of the biggest stock moves and the news that drove them. Here are the eight in focus this week: ...

1don MSN

WK Kellogg Stock Pops as Ferrero Buys Cereal Giant for $3.1B

Shares of WK Kellogg ( KLG) surged 30% Thursday as the maker of Froot Loops and Frosted Flakes announced it had reached a ...

1hon MSN

Breakfast cereal sales declined for decades before Kellogg's sale to Italian company

Concerns about food processing and sugar intake have been factors in dimming some people's enthusiasm for ready-to-eat cereal ...

11h

Kellogg's Stock Explodes On M&A Talk—Too Late To Buy?

WK Kellogg Co. jumped nearly 30% on July 10 following the announcement from Italian food leader Ferrero regarding a $3.1 ...

Nutella parent company to buy Kellogg for $3.1B

Ferrero has signed a deal to take WK Kellogg private in an agreement worth $3.1 billion, The Associated Press reported.

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