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Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK ...
Ferrero acquires WK Kellogg for $3.1B, enhancing profitability and synergy. Limited stock arbitrage; key focus on regulatory ...
The acquisition would add cereals such as Froot Loops and Rice Krispies, giving the Luxembourg-based company a deeper U.S.
American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion. Ferrero, the ...
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops.
Ferrero announced Thursday it will buy cereal maker WK Kellogg (KLG) for a price tag of $3.1 billion, or $23 per share. This deal will bring brands including Ferrero Rocher, Nutella, and Tic Tac ...