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Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

· 2d · on MSN

Ferrero to buy WK Kellogg in $3.1 billion deal

The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's global reach. Kellogg, which was founded in Battle Creek, Michigan, in 1906, is known for brands including Corn Flakes, Froot Loops, Rice Krispies and Special K. Ferrero's brands include Nutella and Rocher chocolates.

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· 2d · on MSN

Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal

2d

Italy's Ferrero to buy Kellogg for $3.1 billion, but regional HQ to stay in Battle Creek

The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" ...

2d

Kellogg’s Stock Jumps On M&A Talk—Too Late To Buy?

WK Kellogg Co. jumped nearly 30% on July 10 following the announcement from Italian food leader Ferrero regarding a $3.1 ...

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Nutella maker to buy Kellogg for $3.1B, hints at future in Battle Creek

The Kellogg cereal business, an iconic Michigan brand, is being sold to Ferrero, an Italian chocolate and sweets company.

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Breakfast cereal sales declined for decades before Kellogg’s sale to Italian company

ANN DURBIN Breakfast cereal could use a lucky charm. U.S. sales of the colorfully packaged morning staple have been in a ...

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