WK Kellogg is Ferrero’s most substantial acquisition so far, with a market cap of roughly $1.5 billion and a portfolio of household-name cereals including Raisin Bran, Corn Flakes and Apple Jacks.

WK Kellogg is Ferrero’s most substantial acquisition so far, with a market cap of roughly $1.5 billion and a portfolio of household-name cereals including Raisin Bran, Corn Flakes and Apple Jacks.

Current reports tips to avoid overspending on summer vacations, including budgeting, monitoring travel costs, and using credit card rewards.

The cereal business WK Kellogg brings to Ferrero also includes Apple Jacks, Frosted Mini-Wheats, and Honey Smacks. Those brands have seen pressure recently as Americans shift away from sugary or ...

By Jordan Valinsky, CNN New York (CNN) — Nutella maker Ferrero Group is buying cereal giant WK Kellogg Co in a $3.1 billion deal.

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