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Breakfast cereal could use a lucky charm. U.S. sales of the colorfully packaged morning staple have been in a decades-long ...
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 said the deal would expand its presence in North America and help the company move beyond its candy and snack ...
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The Ferrero Group, a confectionery giant behind brands like Nutella and Kinder, is making a bold move to expand its North ...
WK Kellogg Co. jumped nearly 30% on July 10 following the announcement from Italian food leader Ferrero regarding a $3.1 ...
The acquisition will give Ferrero ‘scale and a stronger US foothold’, while Kellogg stands to benefit from the Nutella ...
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK ...