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Nutella maker Ferrero to buy cereal giant WK Kellogg for $3.1 billion
Italian confectioner Ferrero, parent to brands such as Nutella and Kinder, will acquire American cereal giant WK Kellogg for approximately $3.1 billion, as it seeks to expand its footprint in North America. With this acquisition, brands including Nutella, Tic Tac, Kinder, Froot Loops, Frosted Flakes, and Special K will come under one roof.
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK ...
Food. Cereal maker Kellogg snapped up in $3.1 billion deal by company behind Nutella, Kinder Kellogg still makes Corn Flakes, as well as Froot Loops, Special K, Frosted Flakes, Rice Krispies and ...
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Ferrero to Buy Major US Cereal Brand in Massive DealThe Italian candy maker and iconic brand of breakfast foods are expected to close on the deal later this year.
Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.
Raisin Bran is a longstanding classic that is the perfect mix of a natural sweet flavor, crunchy texture and is healthy. It ...
Kellanova faces limited upside, but significant downside risk tied to the Mars deal. With antitrust decisions pending, book ...
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