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

Company behind Ferrero Rocher, Nutella announces $3.1B deal to buy WK Kellogg

Ferrero, the Italian candy company behind Ferrero Rocher and Nutella, agreed to a deal to buy WK Kellogg, according to a press release issued Thursday morning.

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

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Nutella Maker Ferrero to Buy WK Kellogg for $3.1 Billion in Landmark Deal

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Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal

Ferrero International SA 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 US market.

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Nutella-maker Ferrero to gobble up cereal giant Kellogg for $3.1 billion

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Ferrero to take over US breakfast cereal giant Kellogg

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

U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news that Italian confectioner Ferrero Group plans to purchase the American...

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Stocks to Watch Recap: Delta, Kellogg, Nvidia, TSMC

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International candy giant to acquire Kelloggs cereal brand in $3 billion deal

1don MSN

Nutella with your Corn Flakes? This cereal giant’s stock rallies on a $3 billion deal.

The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get traction.

SupplyChainBrain12h

Italy’s Ferrero to Buy U.S. Cereal Icon Kellogg

Ferrero said the deal would expand its presence in North America and help the company move beyond its candy and snack offerings.

CNN1d

Nutella’s parent company Ferrero is buying cereal maker WK Kellogg ...

Nutella maker Ferrero Group is buying cereal giant WK Kellogg Co in a $3.1 billion deal. Shares of WK Kellogg jumped more than 30% in early trading.Ferrero said that it “plans to invest in and ...

MLive - GrandRapids/Muskegon/Kalamazoo on MSN1d

Kellogg sold to Italian candy company: How leaders are responding in the ‘Cereal City’

Officials are welcoming an Italian sweets company to town as it finalizes a mega deal to buy an iconic Michigan company that helped redefine breakfast. Ferrero Group — the makers of Ferrero Rocher, Nutella and a slew of other tasty treats — is set to buy Battle Creek-based WK Kellogg Co,