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

Ferrero to buy WK Kellogg in $3.1 billion deal

In a statement, the companies said the acquisition is "part of Ferrero's plan for strategic growth and expands the company's reach."

· 12h · on MSN

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

· 12h

Ferrero to Buy WK Kellogg in Candy-Meets-Cereal 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.

· 16h

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

· 18h

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

· 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 MSN14h

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

58mon MSN

WK Kellogg employees and local officials react to new owner

Fererro Group, the Italian candy maker known for Nutella, is buying WK Kellogg for a whopping $3.1 billion. “We want the company to grow. If this is a deal that is going to help the company grow and build, we want that,” said Kara Beer, President and CEO of the Battle Creek Chamber of Commerce.

16hon MSN

WK Kellogg Stock Pops as Ferrero Buys Cereal Giant for $3.1B

Shares of WK Kellogg ( KLG) surged 30% Thursday as the maker of Froot Loops and Frosted Flakes announced it had reached a deal to be acquired by Italian sweets company The Ferrero Group for $23 per share in cash, or about $3.1 billion.

13hon MSN

Why WK Kellogg Shares Skyrocketed This Week

Shares of cereal maker WK Kellogg ( KLG 30.63%) rose 34% this week as of noon E.T. Thursday, according to data provided by S&P Global Market Intelligence. One week after being added to a slew of Russell Value indexes, it turns out WK Kellogg was indeed a good value investment -- at least in the eyes of Ferrero.