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

Ferrero Strikes 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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U.S. Corn Flakes Creator Kellogg Bought By Italian Candy Maker Ferrero For $3.1 Billion

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

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

The acquisition will give Ferrero “scale and a stronger US foothold,” according to Bloomberg Intelligence analysts led by Jennifer Bartashus.

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

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

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.

mlive on MSN2d

Nutella maker to buy Kellogg for $3.1B, hints at future in Battle Creek

The Kellogg cereal business, an iconic Michigan brand, is being sold to Ferrero, an Italian chocolate and sweets company.

Italy’s Ferrero agrees to buy cereal giant Kellogg in $4.7b deal

The deal combines the maker of Nutella with the company behind Froot Loops cereals, diversifying its chocolate-heavy portfolio at a time of high cocoa prices.