News

U.S. Corn Flakes Creator Kellogg Bought By Italian Candy Maker Ferrero For $3.1 Billion
The Italian food giant Ferrero is expanding its North American portfolio by acquiring WK Kellogg, known for iconic brands ...
Nutella with your Corn Flakes? This cereal giant’s stock rallies on a $3 billion deal.
The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get ...
Nutella And Corn Flakes For Breakfast: The WK Kellogg-Ferrero Deal Explained
Ferrero acquires WK Kellogg for $3.1B, enhancing profitability and synergy. Limited stock arbitrage; key focus on regulatory ...
Frosted Flakes Maker WK Kellogg’s Stock Soars on Report of Deal Talks With Ferrero
Shares of Frosted Flakes maker WK Kellogg surged nearly 50% in extended trading Wednesday following a report the company could soon be acquired by Italian sweets seller Ferrero.
Kellogg's Corn Flakes Now Italian? Ferrero Snaps Up US Cereal Giant for $3.1 Billion in Shock Food Takeover
In one of the most significant acquisitions in the food industry, Italian food giant Ferrero has acquired American cereal ...
Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion
The Ferrero Group said Thursday it will pay $23 for each Kellogg share, or approximately $3.1 billion. The transaction ...
Capital Brief on MSN6d
Ferrero to acquire Corn Flakes maker WK Kellogg in US$3.1b deal
The Ferrero Group has agreed to buy WK Kellogg in a deal worth US$3.1 billion ($4.71 billion), its biggest acquisition since ...