Italian candy giant Ferrero offered the American breakfast company a $3.1 billion deal too sweet to pass up.

Italy's Ferrero agrees to buy cereal maker Kellogg The current company was formed in 2023, when Kellogg's snack brands like Cheez-Its and Pringles were spun into a separate company called Kellanova.

Italy's Ferrero agrees to buy cereal maker Kellogg The current company was formed in 2023, when Kellogg's snack brands like Cheez-Its and Pringles were spun into a separate company called Kellanova.