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Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion

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.

· 15h · on MSN

Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

· 19h · on MSN

Ferrero to buy WK Kellogg in $3.1 billion deal

· 20h

Nutella-maker Ferrero to gobble up cereal giant Kellogg for $3.1 billion

The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced Thursday.

· 21h

Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion

· 1d

Italian candy maker Ferrero in talks for storied US cereal maker Kellogg’s

· 1d

Stocks to Watch Thursday: Kellogg, TSMC, Delta

The Italian candy maker behind Ferrero Rocher is close to buying the cereal conglomerate for about $3 billion, The Wall Street Journal reported.

· 1d

Kellogg shares soar on reports of Ferrero takeover talks

· 1d

Italy's Ferrero nears deal to buy Froot Loops maker WK Kellogg, source says

16h

WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal

WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer demand due to inflation.

16hon MSN

Why WK Kellogg Shares Skyrocketed This Week

Shares of cereal maker WK Kellogg ( KLG 30.63%) rose 34% this week as of noon E.T. Thursday, according to data provided by S&P Global Market Intelligence. One week after being added to a slew of Russell Value indexes, it turns out WK Kellogg was indeed a good value investment -- at least in the eyes of Ferrero.

16h

Battle Creek officials respond to sale of WK Kellogg

W.K. Kellogg Co. has shown a strong commitment to Battle Creek since its formation,” said Interim City Manager Ted Dearing. “We are hopeful that this commitment will continue under Ferrero’s ownership.

1don MSN

Nutella with your Corn Flakes? This cereal giant’s stock rallies on word of a $3 billion deal.

The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get traction.