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

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.

· 18h · on MSN

Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

· 22h · on MSN

Ferrero to buy WK Kellogg in $3.1 billion deal

· 18h

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.

· 23h

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

· 1d

Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion

· 1d

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.

· 1d

Italian candy maker Ferrero in talks for storied US cereal maker Kellogg’s

NBC Los Angeles · 1d

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero

19h

WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal

WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer demand due to inflation.

11h

Italy's Ferrero to buy Kellogg for $3.1 billion, but regional HQ to stay in Battle Creek

The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" graces almost everything.

1don MSN

Kellogg shares soar on reports of Ferrero takeover talks

WK Kellogg shares rose by more than 50% in after-hours trading in New York after the reports. WK Kellogg and Ferrero did not immediately respond to BBC requests for comment. Kellogg has been struggling financially in recent years despite a major shakeup in 2023 that saw it focus solely on breakfast cereals.

18h

Battle Creek officials respond to sale of WK Kellogg

W.K. Kellogg Co. has shown a strong commitment to Battle Creek since its formation,” said Interim City Manager Ted Dearing. “We are hopeful that this commitment will continue under Ferrero’s ownership.

1don MSN

Nutella with your Corn Flakes? This cereal giant’s stock rallies on word of a $3 billion deal.

The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get traction.