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News

Ferrero, WK Kellogg

The New York Times · 4d
Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops.
CSNews · 5h
Ferrero to Acquire Kellogg in $3.1B Deal
LUXEMBOURG and BATTLE CREEK, Mich. — The Ferrero Group will acquire WK Kellogg Co for a total enterprise value of $3.1 billion, or $23 per share in cash. This includes the manufacturing, marketing and distribution of WK Kellogg Co's portfolio of breakfast cereals across the United States, Canada and the Caribbean.
Los Angeles Times · 4d
Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal
Ferrero International has agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into the lucrative U.S. market.
4don MSN
Nutella maker Ferrero's deal to acquire Michigan cereal giant Kellogg valued at $3.1B
The deal, which still needs approval from WK Kellogg Co.’s shareholders, is expected to close in the second half of the year.
5d
WK Kellogg Stock Pops 50% On Potential $3 Billion Acquisition
WK Kellogg Co shares are soaring in Wednesday's after-hours session following a report that Ferrero is nearing a deal to ...

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