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

Ferrero to buy WK Kellogg in $3.1 billion deal

In a statement, the companies said the acquisition is "part of Ferrero's plan for strategic growth and expands the company's reach."

· 12h · on MSN

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

· 13h

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

· 17h

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.

· 18h

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

· 1d

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

· 22h

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

Kellogg shares soar on reports of Ferrero takeover talks

· 1d

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

mlive on MSN14h

Nutella maker to buy Kellogg for $3.1B, hints at future in Battle Creek

The Ferrero Group has agreed to acquire WK Kellogg Co for $23 per share in cash, for a total enterprise value of $3.1 billion, WK Kellogg said in a news release. RELATED: Kellogg’s reportedly set to sell 119-year-old cereal company in $3B deal

16hon 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.

1hon 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. “We want the company to grow. If this is a deal that is going to help the company grow and build, we want that,” said Kara Beer, President and CEO of the Battle Creek Chamber of Commerce.

13hon MSN

Why WK Kellogg Shares Skyrocketed This Week

Shares of cereal maker WK Kellogg ( KLG 30.63%) rose 34% this week as of noon E.T. Thursday, according to data provided by S&P Global Market Intelligence. One week after being added to a slew of Russell Value indexes, it turns out WK Kellogg was indeed a good value investment -- at least in the eyes of Ferrero.