Kellogg deal will benefit both companies. Kellogg shares rallied some 30% on the back of Ferrero's buyout proposal today.

The Ferrero Group ("Ferrero" or the "Company") and WK Kellogg Co (NYSE: KLG) today announced that they have entered into a definitive agreement under which Ferrero has agreed to acquire WK Kellogg Co, ...

Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...

Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.

Italian confectioner Ferrero, famed for Nutella, is set to acquire WK Kellogg, the century-old U.S. cereal giant, for $3.1 ...

Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...

Ferrero, the maker of Nutella, announces a $3.1 billion deal to acquire century-old cereal company WK Kellogg, expanding its ...

Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...

The deal brings brands like Nutella, Kinder, Tic Tac, Frosted Flakes, and Special K under one portfolio as Ferrero expands in ...

Investing.com - Shares of WK Kellogg (NYSE:KLG) surged by more than 57% in premarket trading after the Wall Street Journal reported that family-owned Italian candy group Ferrero is closing in on a ...

Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...

WK Kellogg (NYSE:KLG) shares skyrocketed by over 57% in premarket trading after the Wall Street Journal reported that Ferrero, the Italian confectionery giant, is nearing a $3 billion deal to acquire ...