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

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

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion.

· 16h

Nutella-maker Ferrero to gobble up cereal giant Kellogg for $3.1 billion

· 16h · on MSN

WK Kellogg, the maker of iconic American cereals, will be folded into the owner of Nutella and Tic Tacs in a $3.1 billion deal.

· 11h

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

Ferrero International SA agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into the lucrative US market.

· 17h

Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion

· 1d

Kellogg shares soar on reports of Ferrero takeover talks

· 21h

Stocks to Watch Thursday: Kellogg, TSMC, Delta

The world's largest contract chip maker reported a 40% jump in January-June revenue from a year earlier.

Axios · 17h

Kellogg to be acquired by Nutella maker for $3.1 billion

· 17h

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

mlive on MSN13h

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

The Ferrero Group has agreed to acquire WK Kellogg Co for $23 per share in cash, for a total enterprise value of $3.1 billion, WK Kellogg said in a news release. RELATED: Kellogg’s reportedly set to sell 119-year-old cereal company in $3B deal

Morningstar1d

Nutella with your Corn Flakes? This cereal giant's stock rallies on ...

WK Kellogg has a market cap of $1.5 billion, and around $570 million in debt. Shares of WK Kellogg skyrocketed more than 40% in the extended session Wednesday, after ending the regular trading day ...