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Manufacturers have been hard-hit by the changing tastes of consumers, who now seek more low-sugar, portable options for ...
U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news Italian confectioner Ferrero Group plans to purchase WK Kellogg, maker ...
Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co., the maker of classic American cereals, according to a press release issued Thursday.
WK Kellogg Co’s headquarters is in Battle Creek. After the transaction closes, Battle Creek will remain a core location for ...
Vassallo is disappointed in the potential sale, telling News Channel 3 that WK Kellogg is a longtime staple in town, and is what the "cereal city" was built off of. "I remember the stories of the ...
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying U.S. cereal company WK Kellogg in a deal ...
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...
Ferrero has confirmed the confectionery giant has entered an agreement with WK Kellogg to acquire the US cereals business for $3.1bn.
3d
Barchart on MSNFerrero Snaps Up WK Kellogg in $3.1 Billion Deal. Is It Too Late to Buy KLG Stock?WK Kellogg (KLG) shares soared more than 30% on Thursday after the Italian chocolate maker Ferrero agreed to buy the company ...
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