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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 ...
WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal
WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer ...
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Kellogg sold to Italian candy company: How leaders are responding in the ‘Cereal City’
WK Kellogg Co’s headquarters is in Battle Creek. After the transaction closes, Battle Creek will remain a core location for ...
Italian company buys WK Kellogg for $3.1 billion
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK ...
Cerberus and Dean Metropoulos also made a bid for WK Kellogg, sources say
Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons , and billionaire investor Dean ...
Kellogg’s Stock Jumps On M&A Talk—Too Late To Buy?
WK Kellogg Co. jumped nearly 30% on July 10 following the announcement from Italian food leader Ferrero regarding a $3.1 ...
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The Score: WK Kellogg, Nvidia, Delta Air Lines and More Stocks That Defined the Week
WK Kellogg—whose brands include Froot Loops, Frosted Flakes and Rice Krispies—was spun off from Kellogg in 2023, a move that separated its North American cereal business from its remaining global ...
Why Kellogg Stock Skyrocketed as Much as 33% on Thursday
Shares of WK Kellogg (NYSE: KLG) charged sharply higher Thursday, surging as much as 33.7%. As of 10:40 a.m. ET, the stock ...