Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons , and billionaire investor Dean ...

Ferrero is set to acquire KLG for $3.1B in cash, marking its North America expansion and entry into the cereal market.

Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co., the maker of classic American cereals, according to a press release issued Thursday.

Ferrero will acquire WK Kellogg in a $3.1B deal, adding top cereal brands like Frosted Flakes and Special K to its growing ...

Ferrero Group, maker of Nutella and Kinder chocolates, has acquired cereal giant WK Kellogg Co in a $3.1 billion deal.

Italian candy maker Ferrero has agreed to purchase U.S. cereal company WK Kellogg Co. in a $3.1 billion transaction, ...

U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with ...

Ferrero said the deal would expand its presence in North America and help the company move beyond its candy and snack ...

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

The Ferrero Group has entered a definitive agreement to acquire Battle Creek-based WK Kellogg Co. (NYSE: KLG) for $23 per share in cash, or $3.1 billion. The acquisition includes the manufacturing, ...

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