News

Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion
Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...
WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer ...
CSNews3h
Ferrero to Acquire Kellogg in $3.1B Deal
LUXEMBOURG and BATTLE CREEK, Mich. — The Ferrero Group will acquire WK Kellogg Co for a total enterprise value of $3.1 ...
Ferrero to buy WK Kellogg in $3.1 billion deal
The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's ...
mlive on MSN2d
Kellogg sold to Italian candy company: How leaders are responding in the ‘Cereal City’
WK Kellogg Co’s headquarters is in Battle Creek. After the transaction closes, Battle Creek will remain a core location for ...
LancasterOnline2h
No change for Lancaster cereal plant as Ferrero moves to acquire WK Kellogg Co, for now
No immediate changes are set to impact operations at the WK Kellogg plant in East Hempfield Township after the Ferrero Group, an Italian confectionery producer, announced it will soon acquire ...
Battle Creek officials respond to sale of WK Kellogg
W.K. Kellogg Co. has shown a strong commitment to Battle Creek since its formation,” said Interim City Manager Ted Dearing.
Food Processing4d
Ferrero To Acquire WK Kellogg Co for $3.1 Billion
Kellogg’s sales, income and stock price have been on a down slide since the 2023 split with Kellanova; Ferrero will become ...
Cerberus and Dean Metropoulos also made a bid for WK Kellogg, sources say
Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons , and billionaire investor Dean ...
Daily Voice on MSN4d
Ferrero Group Agrees To Buy WK Kellogg Co For $3.1 Billion
Once the deal closes, Battle Creek, Michigan will serve as Ferrero's North American headquarters for cereal.The deal brings ...
Kellogg’s Stock Jumps On M&A Talk—Too Late To Buy?
WK Kellogg Co. jumped nearly 30% on July 10 following the announcement from Italian food leader Ferrero regarding a $3.1 ...