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

Ferrero Puts Snap, Crackle and Pop into Its Earnings With WK Kellogg Acquisition

Ferrero previously bought Nestlé’s US candy biz for $2.8 billion, as well as chocolate-maker Fannie May and RedHots owner Ferrara.

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Nutella Maker Ferrero to Buy WK Kellogg for $3.1 Billion in Landmark Deal

· 20h · on MSN

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

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

Ferrero, known for brands like Nutella and Butterfinger, is taking cereal company WK Kellogg private in a deal valued at approximately $3.1 billion.

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Ticker: Italian candy giant buys Tony the Tiger; Ford recalls over 850,000 cars

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U.S. Corn Flakes Creator Kellogg Bought By Italian Candy Maker Ferrero For $3.1 Billion

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Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy's Ferrero

Ferrero has offered WK Kellogg's shareholders $23 per share, representing a 31% premium to the stock's last close.

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Stocks to Watch Thursday: Kellogg, TSMC, Delta

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Kellogg shares soar on reports of Ferrero takeover talks

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

The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced Thursday. The deal would unite the makers of household brands including Nutella and Frosted Flakes. American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion.

Michigan's WK Kellogg cereal maker set to be bought by Italian candymaker Ferrero

Michigan's WK Kellogg Co., the cereal giant, is set to be acquired by the Italian candymaker behind Ferrero Rocher in a nearly $3 billion deal, the Wall Street Journal reported Wednesday. A deal with parent Ferrero SpA, the maker of Butterfinger candy bars and Nutella hazelnut spread, could be finalized as soon as this week, according to reports.

5hon MSN

Kellogg's Corn Flakes Now Italian? Ferrero Snaps Up US Cereal Giant for $3.1 Billion in Shock Food Takeover

This deal continues Ferrero's track record of acquiring and growing well-known brands to strengthen its North American presence.

1don 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.