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Ferrero, WK Kellogg

Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion

Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid wider food manufacturer consolidation.

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

NJBIZ · 2h

Ferrero to acquire cereal giant WK Kellogg for $3.1B

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

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Ferrero to take over US breakfast cereal giant Kellogg

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Stocks to Watch Thursday: Kellogg, TSMC, Delta

The Uniqlo owner reported record earnings for the first nine months of the fiscal year, with strong results in Japan, North America and Southeast Asia.

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Shares of Froot Loops cereal maker soar 50% after reports of Ferrero acquisition

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International candy giant to acquire Kelloggs cereal brand in $3 billion deal

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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 company that makes Kellogg’s Corn Flakes, Froot Loops, Rice Krispies and other familiar brands.

19mon MSN

The Score: WK Kellogg, Nvidia, Delta Air Lines and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week’s news.

1don 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 deal to be acquired by Italian sweets company The Ferrero Group for $23 per share in cash, or about $3.1 billion.

4hon MSN

WK Kellogg employees and local officials react to new owner

Fererro Group, the Italian candy maker known for Nutella, is buying WK Kellogg for a whopping $3.1 billion. Changes are coming in Michigan for behavioral health services and how they’re provided through Medicaid.

10h

Kellogg's Stock Explodes On M&A Talk—Too Late To Buy?

WK Kellogg Co. jumped nearly 30% on July 10 following the announcement from Italian food leader Ferrero regarding a $3.1 billion acquisition, inclusive of debt.

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Nutella parent company to buy Kellogg for $3.1B

Ferrero has signed a deal to take WK Kellogg private in an agreement worth $3.1 billion, The Associated Press reported.