Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid wider food manufacturer consolidation.

Ferrero International has 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 U.S. market.

Nutella-maker Ferrero to buy Kellogg for $3.1 billion Italian candy giant Ferrero offered the American breakfast company a $3.1 billion deal too sweet to pass up.

The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's global reach. Kellogg, which was founded in Battle Creek, Michigan, in ...

Nutella maker Ferrero Group is buying cereal giant WK Kellogg Co in a $3.1 billion deal.

Ferrero to buy Froot Loops maker WK Kellogg in $3.1 billion deal The deal is expected to close later this year.

Ferrero, the Italian candy maker, has agreed to acquire WK Kellogg, the American cereal giant, in a deal valued at $3.1 billion, the companies announced on Thursday. The takeover would combine ...

Chocolate maker Ferrero has agreed to buy cereal giant WK Kellogg in a deal valued at $3.1 billion, the companies announced Thursday. Shares of WK Kellogg soared 30% in premarket trading on the ...

Rivian is reportedly rolling out its latest update, 2015.18, internally to employees, meaning it should be available to R1S and ...