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Ferrero Group Agrees To Buy WK Kellogg Co For $3.1 BillionFerrero Group has agreed to buy WK Kellogg Co for $3.1 billion, the candy company announced in a news release on Thursday, July 10. The Italian chocolatier is the owner of widely popular brands like ...
Michigan's WK Kellogg Co., the cereal giant, is set to be acquired by the Italian candymaker behind Ferrero Rocher in a nearly $3 billion deal, the Wall Street Journal reported Wednesday. A deal with ...
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 1906 ...
Kellogg’s sales, income and stock price have been on a down slide since the 2023 split with Kellanova; Ferrero will become one of the largest and broadest food processors in ...
Ferrero, the Italian candy company behind Ferrero Rocher and Nutella, is nearing a deal to buy WK Kellogg, the Wall Street Journal reported Wednesday.
WK Kellogg Co shareowners to receive $23.00 per share in cash representing 40% premium to 30-day volume weighted average trading price. LUXEMBOURG and BATTLE CREEK, Mich., ...
The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" graces almost everything.
WK Kellogg shares jumped 50.2% to $26.31 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers. Steakholder Foods Ltd.
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion.
Italian candy maker Ferrero has agreed to purchase U.S. cereal company WK Kellogg Co. in a $3.1 billion transaction, according to reports.
Under the agreement, unveiled July 10, Ferrero would purchase the assets of WK Kellogg’s product portfolio in the United ...
The deal has been unanimously approved by WK Kellogg Co’s board and is expected to close in the second half of 2025, pending shareholder and regulatory approval. A box of Kellogg's Froot Loops ...
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