Billionaire Behind Ferrero

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Ferrero, Kellogg

Meet The Italian Billionaire Behind Ferrero’s $3.1 Billion Deal For Kellogg

Giovanni Ferrero has expanded his family's company beyond brands like Nutella and built a global powerhouse—especially through big acquisitions in the U.S.

Los Angeles Times · 3d

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.

Australian Financial Review · 3d

Italy’s Ferrero agrees to buy cereal giant Kellogg in $4.7b deal

The deal combines the maker of Nutella with the company behind Froot Loops cereals, diversifying its chocolate-heavy portfolio at a time of high cocoa prices.

Independent.ie on MSN2d

Kellogg cereal company sold for over $3bn to Ferrero

Ferrero International has agreed to acquire WK Kellogg Co. for an enterprise value of $3.1bn, (€2.6bn) pushing the Italian family-owned candy business further into the lucrative US market. Ferrero ...

Kellogg Shares Surge on WSJ Report of Ferrero $3 Billion Takeover Bid

Shares of WK Kellogg soared following a report by The Wall Street Journal that Italian candy maker Ferrero is nearing a $3 billion deal to buy the cereal conglomerate. WK Kellogg stock was up 52%, at ...

Transport Topics3d

Chocolate Maker Ferrero to Buy Kellogg in $3.1 Billion Deal

Ferrero International agreed to acquire WK Kellogg for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into the lucrative U.S. market.

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