News

Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion
Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...
mlive on MSN2d
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 ...
CSNews3h
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 ...
LancasterOnline1h
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 ...
Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy's Ferrero
WK Kellogg on Thursday agreed to be bought by the owner of Ferrero Rocher in a deal worth around $3.1 billion, uniting two of ...
Ferrero to buy WK Kellogg in $3.1 billion deal
The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's ...
Daily Voice on MSN4d
Ferrero Group Agrees To Buy WK Kellogg Co For $3.1 Billion
Once the deal closes, Battle Creek, Michigan will serve as Ferrero's North American headquarters for cereal.The deal brings ...
NJBIZ2d
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 ...
CSP Daily News4d
Ferrero to acquire WK Kellogg Co. in $3.1 billion deal
The Ferrero Group is acquiring WK Kellogg Co. in a deal valued at $3.1 billion, or $23 per share, the companies announced ...
Food Processing4d
Ferrero To Acquire WK Kellogg Co for $3.1 Billion
Kellogg’s sales, income and stock price have been on a down slide since the 2023 split with Kellanova; Ferrero will become ...
Cerberus and Dean Metropoulos also made a bid for WK Kellogg, sources say
Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons , and billionaire investor Dean ...