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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

"Joining Ferrero will provide WK Kellogg Co. with greater resources and more flexibility to grow our iconic brands in this competitive and dynamic market," CEO Gary Pilnick said in a statement.

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

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

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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.

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Ticker: Italian candy giant buys Tony the Tiger; Ford recalls over 850,000 cars

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Italy's Ferrero agrees to buy cereal maker Kellogg

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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...

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Stocks to Watch Recap: Delta, Kellogg, Nvidia, TSMC

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

Kellogg’s Stock Jumps On M&A Talk—Too Late To Buy?

WK Kellogg Co. jumped nearly 30% on July 10 following the announcement from Italian food leader Ferrero regarding a $3.1 billion acquisition, inclusive of debt.

Italy's Ferrero to buy Kellogg for $3.1 billion, but regional HQ to stay in Battle Creek

The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" graces almost everything.

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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.

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.