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Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...
Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.
WK Kellogg Co (NYSE: KLG) soared about 30% on Thursday morning after Italian confectionary giant Ferrero said it will buy the ...
Ferrero has agreed to acquire WK Kellogg (KLG, Financials) for $3.1 billion, marking the Italian confectionery giant's ...
This acquisition represents an important step in the expansion and growth of Ferrero's portfolio in North America.
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...
WK Kellogg and Ferrero did not immediately respond to BBC requests for comment. WK Kellogg's shares surged by more than 56% ...
Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...
WK Kellogg shares skyrocketed by approximately 50% in pre-market trading following news that Italian confectionery giant ...
Italian confectionery powerhouse Ferrero is reportedly closing in on a deal to purchase Michigan-based WK Kellogg, a ...
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