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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.
Ferrero will acquire WK Kellogg in a $3.1B deal, adding top cereal brands like Frosted Flakes and Special K to its growing ...
-Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons, and billionaire investor Dean ...
U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with ...
Italian confectionery giant Ferrero will buy north American cereal maker WK Kellogg co for $23 per share in cash.
As Ferrero buys WK Kellogg for $3.1B, Battle Creek braces for change while officials hope the hometown cereal maker’s roots ...
Italian chocolate maker Ferrero is buying WK Kellogg Co. in a more than $3 billion deal expected to be finalized before the ...
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer ...
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying U.S. cereal company WK Kellogg in a deal ...
From an environmental, social, and governance perspective, we view product safety, increased regulatory requirements (to fight obesity), and inappropriate marketing practices as the most substantial ...
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...