Ferrero, Kellogg
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(Reuters) -WK Kellogg on Thursday agreed to be bought by the owner of Ferrero Rocher in a deal worth around $3.1 billion, as the cereal maker has been struggling with weakening consumer demand due to persistently high inflation. Copyright 2025 Thomson Reuters.
The Ferrero Group will acquire US cereal mainstay WK Kellogg for US$3.1 billion (RM13.1 billion) as the Italian food giant expands further in North
Given the general soggy state of cereal consumption, jazzing up its breakfast offering with chocolate is worth a try
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