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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 ...
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 ...
Kellogg’s bought for $3.1B by Nutella parent company
Kellogg’s, famous for making Frosted Flakes and Froot Loops, has struck a deal to be being for $3.1 billion by the Ferrero ...
Ferrero poised to revive WK Kellogg sales for health-conscious Americans
Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...
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 ...
Wells parent Ferrero to buy cereal maker Kellogg
Italian confectioner Ferrero, known for brands like Nutella and Kinder and the parent company of Le Mars, Iowa-based Wells ...
Breakfast cereal sales declined for decades before Kellogg’s sale to Italian company
Breakfast cereal could use a lucky charm. U.S. sales of the colorfully packaged morning staple have been in a decades-long ...
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From Nutella to corn flakes? Ferrero plans $3.1B WK Kellogg deal
The deal, announced Thursday, will see Ferrero pay $23 per share for WK Kellogg, whose portfolio includes legacy cereal brands such as Corn Flakes, Frosted Flakes, Special K, and Rice Krispies.