News

This $3.1B deal is another sign that Morris County is food hub for corporate America
Italian food giant the Ferrero Group, with its North American headquarters in Parsippany, will buy WK Kellogg and its "iconic" line of cereals.
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No change for Lancaster cereal plant as Ferrero moves to acquire WK Kellogg Co, for now
No immediate changes are set to impact operations at the WK Kellogg plant in East Hempfield Township after the Ferrero Group, an Italian confectionery producer, announced it will soon acquire ...
CSNews4h
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 ...
AccessWDUN5h
Wall Street is off to a sluggish start while Delta soars on stronger outlook
Stocks are off to a sluggish start on Wall Street, while Delta Air Lines led a rally in airline stocks after releasing a solid outlook for the rest of 2025 ...
Cereal sales declined for decades before Kellogg’s sale to Italian company
Manufacturers have been hard-hit by the changing tastes of consumers, who now seek more low-sugar, portable options for ...
WK Kellogg (KLG) Skyrockets 30.6% as Ferrero Gobbles Up Stake
The acquisition, which includes WK Kellogg Co’s (NYSE:KLG) manufacturing, marketing, and distribution of its breakfast ...
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Ferrero to acquire cereal giant WK Kellogg for $3.1B
Ferrero will acquire WK Kellogg in a $3.1B deal, adding top cereal brands like Frosted Flakes and Special K to its growing ...
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Kellogg sold to Italian candy company: How leaders are responding in the ‘Cereal City’
WK Kellogg Co’s headquarters is in Battle Creek. After the transaction closes, Battle Creek will remain a core location for ...