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

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

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion.

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Nutella-maker Ferrero to gobble up cereal giant Kellogg for $3.1 billion

· 1d · on MSN

WK Kellogg, the maker of iconic American cereals, will be folded into the owner of Nutella and Tic Tacs in a $3.1 billion deal.

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Ferrero to take over US breakfast cereal giant Kellogg

Shares in the US maker of Kellogg's Corn Flakes have soared after reports that chocolate giant Ferrero is close to buying the firm for about $3bn (£2.2bn).

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Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion

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Italian candy maker Ferrero in talks for storied US cereal maker Kellogg’s

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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

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

mlive on MSN22h

Nutella maker to buy Kellogg for $3.1B, hints at future in Battle Creek

The Kellogg cereal business, an iconic Michigan brand, is being sold to Ferrero, an Italian chocolate and sweets company.

16h

Kellogg’s bought for $3.1B by Nutella parent company

Kellogg’s, famous for making Frosted Flakes and Froot Loops, has struck a deal to be being for $3.1 billion by the Ferrero Group, which owns Nutella and Kinder.