Italian candy giant Ferrero offered the American breakfast company a $3.1 billion deal too sweet to pass up.

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort to expand its North American sales. The Ferrero Group s… ...

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort to expand its Nort ...

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort to expand its North American sales.

Ferrero Group, maker of Nutella, agrees to buy breakfast cereal maker WK Kellogg for about $3.1 billion.