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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."

· 14h

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

· 14h · on MSN

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

· 13h

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.

· 18h

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

· 20h

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 world's largest contract chip maker reported a 40% jump in January-June revenue from a year earlier.

Axios · 19h

Kellogg to be acquired by Nutella maker for $3.1 billion

· 20h

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

mlive on MSN16h

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

12h

Why WK Kellogg Shares Skyrocketed This Week

Kellogg shares rocketed higher after the company announced it was being acquired for $23. Shares of cereal maker WK Kellogg (NYSE: KLG) rose 34% this week as of noon E.T. Thursday, according to data provided by S&P Global Market Intelligence.

18hon 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.

3hon 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.