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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.

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

· 2d · on MSN

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

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Breakfast cereal sales declined for decades before Kellogg’s sale to Italian company

Ferrero Group plans to purchase the American company that makes Kellogg’s Corn Flakes, Froot Loops, Rice Krispies and other familiar brands.

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Stocks to Watch Recap: Delta, Kellogg, Nvidia, TSMC

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Nutella And Corn Flakes For Breakfast: The WK Kellogg-Ferrero Deal Explained

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 and Reuters reported on Wednesday (9 July) Ferrero was nearing an agreement to buy WK Kellogg Co,

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 deal to be acquired by Italian sweets company The Ferrero Group for $23 per share in cash, or about $3.1 billion.