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Ferrero to buy cereal maker WK Kellogg for $3.1 billion

Michigan's WK Kellogg cereal maker set to be bought by Italian candymaker Ferrero

Historically, acquisitions of Michigan companies lead to fewer jobs and less local investment.

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

Nutella Maker Ferrero to Buy WK Kellogg for $3.1 Billion in Landmark Deal

Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal

Ferrero International SA agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into the lucrative US market.

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Ferrero to take over US breakfast cereal giant Kellogg

Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion

Stocks to Watch Thursday: Kellogg, TSMC, Delta

The world's largest contract chip maker reported a 40% jump in January-June revenue from a year earlier.

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Kellogg shares soar on reports of Ferrero takeover talks

Kellogg to be acquired by Nutella maker for $3.1 billion

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Ferrero Puts Snap, Crackle and Pop into Its Earnings With WK Kellogg Acquisition

Ferrero previously bought Nestlé’s US candy biz for $2.8 billion, as well as chocolate-maker Fannie May and RedHots owner Ferrara.

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Kellogg's Corn Flakes Now Italian? Ferrero Snaps Up US Cereal Giant for $3.1 Billion in Shock Food Takeover

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