News

Nutella owner to buy U.S. cereal giant for over $3 billion
The Ferrero Group said Thursday it will pay $23 for each Kellogg share, or approximately $3.1 billion. The transaction ...
This Candy Giant Just Bought The Kellogg Cereal Brand For $3.1 Billion
In yet another instance of foreign companies buying out American manufacturers, a candy giant has just initiated the purchase ...
Ferrero to buy cereal giant WK Kellogg in $3.1-billion deal
Nutella parent company will pay $23 for each Kellogg share in a transaction that includes the manufacturing, marketing and distribution of the cereal giant’s portfolio ...
Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion
Italian confectioner Ferrero, famed for Nutella, is set to acquire WK Kellogg, the century-old U.S. cereal giant, for $3.1 ...
Kellogg shares soar as Nutella maker Ferrero takes cereal giant private in huge deal
Ferrero, known for brands like Nutella, Butterfinger and Kinder, is taking cereal company WK Kellogg private in a deal valued ...