As traditional breakfast cereals face declining sales and shifting consumer habits, Ferrero’s acquisition of WK Kellogg ...

Italian food giant Ferrero Group, with its North American headquarters in Parsippany, will buy WK Kellogg and its "iconic" ...

Ferrero has added more products to its basket with an eye-catching move for US cereal business WK Kellogg. Ferrero has once again used M&A to expand into another part of the store – but will it pay ...

WK Kellogg views the acquisition as a key opportunity to maximize shareholder value and drive future growth. Since becoming ...

Stock indexes closed higher on Wall Street, enough to nudge the S&P 500 and the Nasdaq composite to more records. The S&P 500 ...

Ferrero has confirmed the confectionery giant has entered an agreement with WK Kellogg to acquire the US cereals business for $3.1bn.

The Ferrero Group said Thursday it will pay $23 for each Kellogg share, or approximately $3.1 billion. The transaction ...

WK Kellogg (KLG) shares soared more than 30% on Thursday after the Italian chocolate maker Ferrero agreed to buy the company ...

July 10 (UPI) -- Italy's Ferrero will acquire U.S. cereal maker WK Kellogg in a $ 3.1 billion deal, the companies announced ...

Italian confectioner Ferrero, known for brands such as Nutella and Kinder, is buying the century-old US cereal company WK Kellogg in a deal valued at approximately 3.1 billion dollars (£2.3 billion).

American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion. Ferrero, the ...