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Ferrero to buy cereal maker WK Kellogg for $3.1 billion

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.

· 2d · on MSN

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

· 1d

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

· 1d

Iconic cereal maker WK Kellogg selling for $3B

Italian chocolate maker Ferrero is buying WK Kellogg Co. in a more than $3 billion deal expected to be finalized before the year is out.

· 2d

Italian chocolate giant Ferrero to buy Kellogg's Froot Loops maker

· 1d

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· 19h

Breakfast cereal sales declined for decades before Kellogg’s sale to Italian company

U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news that Italian confectioner Ferrero Group plans to purchase the American...

· 1d

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· 1d

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

Kellogg’s bought for $3.1B by Nutella parent company

Kellogg’s, famous for making Frosted Flakes and Froot Loops, has struck a deal to be being for $3.1 billion by the Ferrero Group, which owns Nutella and Kinder.

2don MSN

Ferrero Nears Roughly $3 Billion Deal for Maker of Froot Loops, Frosted Flakes

The Italian candy maker behind Ferrero Rocher and Nutella is nearing a roughly $3 billion deal to buy the breakfast-cereal conglomerate WK Kellogg, according to people familiar with the matter. Ferrero,

Kellogg Shares Surge on WSJ Report of Ferrero $3 Billion Takeover Bid

Shares of WK Kellogg soared following a report by The Wall Street Journal that Italian candy maker Ferrero is nearing a $3 billion deal to buy the cereal conglomerate. WK Kellogg stock was up 52%, at $26.53, after hours. Shares closed the market down slightly year-to-date.