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Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...
Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...
Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...
Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.
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InvestorsHub on MSNWK Kellogg Shares Soar on Reported $3 Billion Acquisition Talks with FerreroWK Kellogg (NYSE:KLG) shares skyrocketed by over 57% in premarket trading after the Wall Street Journal reported that Ferrero ...
This acquisition represents an important step in the expansion and growth of Ferrero's portfolio in North America.
Kellogg deal will benefit both companies. Kellogg shares rallied some 30% on the back of Ferrero's buyout proposal today.
Italian confectionery powerhouse Ferrero is reportedly closing in on a deal to purchase Michigan-based WK Kellogg, a ...
The deal brings brands like Nutella, Kinder, Tic Tac, Frosted Flakes, and Special K under one portfolio as Ferrero expands in ...
This deal continues Ferrero's track record of acquiring and growing well-known brands to strengthen its North American ...
Italian confectioner Ferrero, famed for Nutella, is set to acquire WK Kellogg, the century-old U.S. cereal giant, for $3.1 ...
Ansa on MSN7d
Ferrero reaches deal to buy WK KelloggItalian confectionery giant Ferrero has reached an agreement to buy American cereal maker WK Kellogg at a price of $23 per share, the two groups said on Thursday in a statement. The 3.1-billion-euro ...
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