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 ...
WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer ...
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 ...
Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal
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 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 ...
mlive on MSN3d
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 ...
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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 ...
Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK ...
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 ...
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 ...
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 ...
Kellogg’s Stock Jumps On M&A Talk—Too Late To Buy?
WK Kellogg Co. jumped nearly 30% on July 10 following the announcement from Italian food leader Ferrero regarding a $3.1 ...