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Ferrero, Kellogg

Ferrero to buy WK Kellogg in $3.1 billion deal

"Joining Ferrero will provide WK Kellogg Co. with greater resources and more flexibility to grow our iconic brands in this competitive and dynamic market," CEO Gary Pilnick said in a statement.

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

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Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion

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

The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced Thursday.

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Ticker: Italian candy giant buys Tony the Tiger; Ford recalls over 850,000 cars

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U.S. Corn Flakes Creator Kellogg Bought By Italian Candy Maker Ferrero For $3.1 Billion

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Breakfast cereal sales declined for decades before Kellogg’s sale to Italian company

U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news that Italian confectioner Ferrero Group plans to purchase the American...

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

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Stocks to Watch Recap: Delta, Kellogg, Nvidia, TSMC

1don MSN

WK Kellogg Stock Pops as Ferrero Buys Cereal Giant for $3.1B

Shares of WK Kellogg ( KLG) surged 30% Thursday as the maker of Froot Loops and Frosted Flakes announced it had reached a deal to be acquired by Italian sweets company The Ferrero Group for $23 per share in cash, or about $3.1 billion.

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 traction.