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

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 wider food manufacturer consolidation.

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Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal

· 22h · on MSN

Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

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

Ferrero to take over US breakfast cereal giant Kellogg

Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy's Ferrero

Ferrero has offered WK Kellogg's shareholders $23 per share, representing a 31% premium to the stock's last close.

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Stocks to Watch Thursday: Kellogg, TSMC, Delta

Shares of Froot Loops cereal maker soar 50% after reports of Ferrero acquisition

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Italy's Ferrero to buy Kellogg for $3.1 billion, but regional HQ to stay in Battle Creek

The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" graces almost everything.

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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.

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Nutella with your Corn Flakes? This cereal giant’s stock rallies on word of 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.

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