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Giovanni Ferrero has expanded his family's company beyond brands like Nutella and built a global powerhouse—especially ...
Ferrero International has agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian ...
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The deal combines the maker of Nutella with the company behind Froot Loops cereals, diversifying its chocolate-heavy ...
The acquisition will give Ferrero ‘scale and a stronger US foothold’, while Kellogg stands to benefit from the Nutella ...
Ferrero International SA, the Italian family-owned company known for its signature gold foil-wrapped chocolates, is close to acquiring cereal producer WK Kellogg Co. for about $3 billion, according to ...
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...
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Ferrero nears US$3bil deal for WK Kellogg
SENNINGERBERG: Ferrero International SA, the Italian family-owned company known for its signature gold foil-wrapped ...
The Italian candy maker behind Ferrero Rocher and Nutella is nearing a deal to buy cereal maker WK Kellogg , a source told Reuters, an acquisition that would combine two of the world's best known ...
Shares of WK Kellogg, the cereal maker behind Fruit Loops and Frosted Flakes, skyrocketed 50% after the Wall Street Journal reported Wednesday that Ferrero was nearing acquiring the company for $3 ...