For Ferrero, the acquisition of WK Kellogg is a strategic move to diversify its portfolio beyond confectionery and expand ...

Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...

Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.

Ferrero's US$3.1bn acquisition of WK Kellogg Co marks its strategic expansion into cereals, bringing brands like Frosted ...

The Ferrero Group ("Ferrero" or the "Company") and WK Kellogg Co (NYSE: KLG) today announced that they have entered into a definitive agreement under which Ferrero has agreed to acquire WK Kellogg Co, ...

Ferrero, the maker of Nutella, announces a $3.1 billion deal to acquire century-old cereal company WK Kellogg, expanding its ...

Kellogg deal will benefit both companies. Kellogg shares rallied some 30% on the back of Ferrero's buyout proposal today.

This deal continues Ferrero's track record of acquiring and growing well-known brands to strengthen its North American ...

A “strategic transaction” proposition put forward by Kraft Heinz in May could well be about to emerge with a timely spin-off of assets.

Paris Baguette aims for 1K U.S. cafés by 2030 with strong sales, franchise growth, new Texas bakery and community-focused expansion strategy.

Acquisition supports Ferrero's portfolio expansion and growth in North America by adding WK Kellogg Co's highly complementary, iconic cereal brands, serving consumers across more occasions ...