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 ...
Albuquerque Journal9h
Breakfast cereal sales declined for decades before Kellogg's sale to Italian company
Breakfast cereal could use a lucky charm. U.S. sales of the colorfully packaged morning staple have been in a decades-long ...
mlive on MSN1d
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 ...
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 ...
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 ...
Ferrero Strikes Roughly $3 Billion Deal for Maker of Froot Loops, Frosted Flakes
The Italian candy maker behind Ferrero Rocher and Nutella is nearing a roughly $3 billion deal to buy the breakfast-cereal ...
Ferrero to buy WK Kellogg in $3.1 billion deal
The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's ...
mlive on MSN2d
Kellogg’s reportedly set to sell 119-year-old cereal company in $3B deal
Kellogg, the maker of such brands as Frosted Flakes, Froot Loops, Rice Krispies and Raisin Bran, began business in 1906 as ...
119-year-old cereal company will sell to Nutella maker
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK ...
Morningstar3d
Nutella with your Corn Flakes? This cereal giant's stock rallies on a ...
By Claudia Assis and Steve Gelsi . The deal values cereal maker WK Kellogg at $23 a share, a 30% premium to its closing price on Wednesday. WK Kellogg Co., the maker of Corn Flakes, Froot Loops ...
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 ...