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Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

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

The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced Thursday. The deal would unite the makers of household brands including Nutella and Frosted Flakes. American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion.

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Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal

· 2d · on MSN

Nutella’s parent company Ferrero is buying cereal maker WK Kellogg for $3.1 billion

Just Food on MSN1d

Ferrero reaches for the cereal bowl

Ferrero has once again used M&A to expand into another part of the store – but will it pay off? After The Wall Street Journal ...

2don MSN

WK Kellogg Stock Pops as Ferrero Buys Cereal Giant for $3.1B

Shares of WK Kellogg ( KLG) surged 30% Thursday as the maker of Froot Loops and Frosted Flakes announced it had reached a ...

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