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Giovanni Ferrero has expanded his family's company beyond brands like Nutella and built a global powerhouse—especially ...
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-Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons, and billionaire investor Dean ...
Italian candy maker Ferrero has agreed to purchase U.S. cereal company WK Kellogg Co. in a $3.1 billion transaction, ...
Ferrero is set to acquire KLG for $3.1B in cash, marking its North America expansion and entry into the cereal market.
Ferrero will acquire WK Kellogg in a $3.1B deal, adding top cereal brands like Frosted Flakes and Special K to its growing ...
Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co., the maker of classic American cereals, according to a press release issued Thursday.
WK Kellogg—whose brands include Froot Loops, Frosted Flakes and Rice Krispies—was spun off from Kellogg in 2023, a move that separated its North American cereal business from its remaining global ...
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