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Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...
Ferrero International has 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 U.S. market.
The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's ...
The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" graces almost everything.
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion.
LUXEMBOURG and BATTLE CREEK, Mich. — The Ferrero Group will acquire WK Kellogg Co for a total enterprise value of $3.1 ...
Kellanova (NYSE:K) is one of the best alternative meat stocks to invest in according to analysts. On July 22, the company ...
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer ...
With the WK Kellogg acquisition, Ferrero’s revenue is now set to surpass that of candy and pet food giant Mars’ snacking business, which brought in an estimated $21.3 billion in 2024 from ...
Shares of WK Kellogg soared more than 50% on Wednesday following a report that chocolate maker Ferrero is close to a roughly $3 billion deal to buy the cereal company.
Given the general soggy state of cereal consumption, jazzing up its breakfast offering with chocolate is worth a try ...