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

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. The deal would unite the makers of household brands including Nutella and Frosted Flakes. American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion.

· 2d

Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal

· 2d · on MSN

Nutella’s parent company Ferrero is buying cereal maker WK Kellogg for $3.1 billion

Just Food on MSN1d

Ferrero reaches for the cereal bowl

Ferrero has once again used M&A to expand into another part of the store – but will it pay off? After The Wall Street Journal ...

2don MSN

WK Kellogg Stock Pops as Ferrero Buys Cereal Giant for $3.1B

Shares of WK Kellogg ( KLG) surged 30% Thursday as the maker of Froot Loops and Frosted Flakes announced it had reached a ...

mlive on MSN3d

Kellogg’s reportedly set to sell 119-year-old cereal company in $3B deal

Kellogg, the maker of such brands as Frosted Flakes, Froot Loops, Rice Krispies and Raisin Bran, began business in 1906 as ...

Kellogg Shares Surge on WSJ Report of Ferrero $3 Billion Takeover Bid

Shares of WK Kellogg soared following a report by The Wall Street Journal that Italian candy maker Ferrero is nearing a $3 billion deal to buy the cereal conglomerate. WK Kellogg stock was up 52%, at ...

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