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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 like Froot Loops, Rice Krispies and Corn Flakes. Ferrero, known for brands like Nutella and Kinder, announced it will buy WK Kellogg’s for $23 a share, representing a total enterprise value of $3.1 billion.
Italian chocolate maker Ferrero is buying WK Kellogg Co. in a more than $3 billion deal expected to be finalized before the ...
WK Kellogg, the maker of iconic American cereal brands, will be folded into the privately held owner of Nutella and Tic Tacs ...
Your favorite morning breakfast cereals could be getting a makeover. The iconic Italian candy giant is expected to acquire ...
WK Kellogg shares rose by more than 50% in after-hours trading in New York after the reports. WK Kellogg and Ferrero did not ...
Battle Creek-based WK Kellogg, maker of Kellogg’s cereal brands and breakfast foods, could soon be owned by Italian chocolate maker Ferrero.
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Italian Hot Chocolate - MSNItalian hot chocolate is hot cocoa’s sophisticated cousin. This version is extremely chocolaty and completely satiating with its thick viscosity. Every sip will warm you right to your very bones.
Italian flourless chocolate torta. Start to finish: 1 hour Servings: 8 to 10 Ingredients. 10 tablespoons salted butter, cut into 10 pieces, plus more for the pan; 6 ounces bittersweet chocolate ...
Whether it's due to tradition or a sweet tooth, these foods are on the table for Easter and Passover, based on sales data from Instacart. Here is what Americans are eating most during the holidays.
Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.
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