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Nutella maker Ferrero to buy cereal giant WK Kellogg for $3.1 billion
Italian confectioner Ferrero, parent to brands such as Nutella and Kinder, will acquire American cereal giant WK Kellogg for approximately $3.1 billion, as it seeks to expand its footprint in North America. With this acquisition, brands including Nutella, Tic Tac, Kinder, Froot Loops, Frosted Flakes, and Special K will come under one roof.
Kellogg shares soar as Nutella maker Ferrero takes cereal giant private in huge deal
Ferrero, known for brands like Nutella, Butterfinger and Kinder, is taking cereal company WK Kellogg private in a deal valued at approximately $3.1 billion. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get ...
Kellogg’s, famous for making Frosted Flakes and Froot Loops, has struck a deal to be being for $3.1 billion by the Ferrero ...
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK ...
The Kellogg cereal business, an iconic Michigan brand, is being sold to Ferrero, an Italian chocolate and sweets company.
Food. Cereal maker Kellogg snapped up in $3.1 billion deal by company behind Nutella, Kinder Kellogg still makes Corn Flakes, as well as Froot Loops, Special K, Frosted Flakes, Rice Krispies and ...
American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion. Ferrero, the family-owned maker of Nutella, has agreed to buy the iconic American maker ...
General Mills and Hormel teamed up to release Cinnamon Toast Crunch-flavored bacon last fall, a sweet-and-savory first for ...
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