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Ferrero, WK Kellogg

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.

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 portfolio.

ABC News on MSN · 1h

Ferrero to buy Froot Loops maker WK Kellogg in $3.1 billion deal

Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co., the maker of classic American cereals, according to a press release issued Thursday.

2hon MSN

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 ...

1d

Stocks to Watch Thursday: Kellogg, TSMC, Delta

The Italian candy maker behind Ferrero Rocher is close to buying the cereal conglomerate for about $3 billion, [The Wall ...

2don MSN

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 ...

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