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Breakfast cereal sales fell for decades before Kellogg’s sale
US sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news that Italian confectioner Ferrero Group plans to purchase WK Kellogg, maker of Corn Flakes, Froot Loops, Rice Krispies and other familiar brands.
Ferrero International has agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian ...
WK Kellogg shares skyrocketed by approximately 50% in pre-market trading following news that Italian confectionery giant ...
Tasting Table on MSN5d
Candy Giant Ferrero Is Buying The Kellogg Cereal Empire. Here's What Brands Are Included In The DealCandy giant and chocolate maker, Ferrero, agreed to buy the WK Kellogg cereal empire on July 9 in a deal that equated it and ...
Just Food on MSN1d
Ferrero reaches for the cereal bowlFerrero has added more products to its basket with an eye-catching move for US cereal business WK Kellogg. Ferrero has once again used M&A to expand into another part of the store – but will it pay ...
Here are some of the stocks moving in after-hours trading. Shares of WK Kellogg (KLG) are surging following a Wall Street ...
Italian candy maker Ferrero has agreed to acquire American cereal giant WK Kellogg in a deal valued at $3.1 billion, the ...
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