News

Italian chocolate giant Ferrero to buy Kellogg's Froot Loops maker
WK Kellogg, the maker of iconic American cereal brands, will be folded into the privately held owner of Nutella and Tic Tacs ...
Shares of Froot Loops cereal maker soar 50% after reports of Ferrero acquisition
Shares of WK Kellogg, the cereal maker behind Froot Loops and Frosted Flakes, skyrocketed as high as 50% after the Wall ...
Ferrero Strikes Roughly $3 Billion Deal for Maker of Froot Loops, Frosted Flakes
The Italian candy maker behind Ferrero Rocher and Nutella is nearing a roughly $3 billion deal to buy the breakfast-cereal ...
Cereal sales declined for decades before Kellogg’s sale to Italian company
Manufacturers have been hard-hit by the changing tastes of consumers, who now seek more low-sugar, portable options for ...
WWAYTV34d
Ferrero to buy Froot Loops maker WK Kellogg in $3.1 billion deal
Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co ., the maker of ...
Ferrero to buy Froot Loops maker for $3.1bn – because who doesn’t want chocolate for breakfast?
Ferrero’s $3.1bn acquisition folds Froot Loops and Frosted Flakes into its candy empire, proving breakfast and dessert are a ...
CNA5d
Froot Loops cereal maker WK Kellogg shares soar 50% on reports of Ferrero nearing US$3 billion buyout
WK Kellogg's shares surged nearly 50 per cent before the bell on Thursday (Jul 10) after several media outlets, including ...
News Tribune2d
Breakfast cereal sales declined before Kellogg’s sale to Italian company
U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news Italian confectioner Ferrero Group plans to purchase WK Kellogg, maker ...