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Nutella maker Ferrero plans to buy WK Kellogg for $3 billion
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· 19h
Nutella Maker Ferrero to Buy WK Kellogg for $3.1 Billion in Landmark Deal
Ferrero, the maker of Nutella, announces a $3.1 billion deal to acquire century-old cereal company WK Kellogg, expanding its North American breakfast and snack portfolio.
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· 1d
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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· 11h
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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