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

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 ...

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

Italian confectionery giant Ferrero will buy north American cereal maker WK Kellogg co for $23 per share in cash.

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, ...

Here are some of the major companies whose stocks moved on the week’s news.

The Ferrero Group, the parent company of Wells Enterprises in Le Mars, IA, is buying cereal maker WK Kellogg Co.  It will pay $23 for each Kellogg share, coming to around $3.1 billion. Kellogg’s was ...