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Ferrero, Froot Loops and Kellogg

· 16h · on MSN

Ferrero Nears Roughly $3 Billion Deal for Maker of Froot Loops, Frosted Flakes

The Italian candy maker behind Ferrero Rocher and Nutella is nearing a roughly $3 billion deal to buy the breakfast-cereal conglomerate WK Kellogg, according to people familiar with the matter. Ferrero,

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· 14h · on MSN

Italian chocolate giant Ferrero to buy Kellogg's Froot Loops maker

Froot Loops cereal maker WK Kellogg shares soar 50% on reports of Ferrero nearing US$3 billion buyout

Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal

Ferrero International SA agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into the lucrative US market.

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

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

Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy's Ferrero

Ferrero has offered WK Kellogg's shareholders $23 per share, representing a 31% premium to the stock's last close.

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Stocks to Watch Thursday: Kellogg, TSMC, Delta

Kellogg shares soar on reports of Ferrero takeover talks