BATTLE CREEK, Mich. (AP) — Ferrero Group, maker of Nutella, agrees to buy breakfast cereal maker WK Kellogg for about $3.1 billion.
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Kellogg’s cereal maker sold in massive $3.1B deal
Ferrero, the Italian candy maker known for brands including Nutella and Kinder, has agreed to purchase U.S. cereal company WK Kellogg for $3.1 billion, according to reports. The Ferrero Group will ...
The Italian candy maker behind Ferrero Rocher and Nutella struck a roughly $3 billion deal to buy the breakfast-cereal conglomerate WK Kellogg, in a bid to bolster its business in North America.
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