News

U.S. Corn Flakes Creator Kellogg Bought By Italian Candy Maker Ferrero For $3.1 Billion
The Italian food giant Ferrero is expanding its North American portfolio by acquiring WK Kellogg, known for iconic brands ...
Kellogg's Corn Flakes Now Italian? Ferrero Snaps Up US Cereal Giant for $3.1 Billion in Shock Food Takeover
In one of the most significant acquisitions in the food industry, Italian food giant Ferrero has acquired American cereal ...
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 ...
Kellogg’s bought for $3.1B by Nutella parent company
Kellogg’s, famous for making Frosted Flakes and Froot Loops, has struck a deal to be being for $3.1 billion by the Ferrero ...
It’s official: The company behind Nutella is buying the maker of Froot Loops
The creator of a number of breakfast-table staples is getting a new owner as Ferrero Group and WK Kellogg Co. have announced ...
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Kellogg sold to Italian candy company: How leaders are responding in the ‘Cereal City’
WK Kellogg Co’s headquarters is in Battle Creek. After the transaction closes, Battle Creek will remain a core location for ...
ASX slips as bank shares fall; Nutella buys Corn Flakes
The Australian sharemarket dipped on Friday morning, as increases in mining shares were offset by falls among the banks and ...