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Ferrero, Nutella and WK Kellogg

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

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero Group said Thursday it will pay $23 for each Kellogg share.

WWMT on MSN · 3d

Company behind Ferrero Rocher, Nutella announces $3.1 billion deal to buy WK Kellogg

Ferrero, the Italian candy company behind Ferrero Rocher and Nutella, is nearing a deal to buy WK Kellogg, the Wall Street Journal reported Wednesday.

The New York Times · 3d

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

The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops.

mlive on MSN3d

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

The Kellogg cereal business, an iconic Michigan brand, is being sold to Ferrero, an Italian chocolate and sweets company.

NPR3d

Nutella-maker Ferrero to buy Kellogg for $3.1 billion : NPR

American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion. Ferrero, the family-owned maker of Nutella, has agreed to buy the iconic American maker ...

3don MSN

It’s official: The company behind Nutella is buying the maker of Froot Loops

The creator of a number of breakfast-table staples is getting a new owner as Ferrero Group and WK Kellogg Co. have announced ...

4don 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 ...

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