The breakfast table is about to get a major makeover as Italian confectionery giant Ferrero announced its $3.1 billion acquisition of American cereal icon Kellogg. The blockbuster deal brings together ...

Editor’s note: This story has been updated to reflect an official announcement from Ferrero Group and WK Kellogg. The famous Italian candy company, Ferrero Group, is planning to buy the ...

Gene J. Puskar / AP Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort to expand its North American sales.

A 10,000‑box cereal sale benefiting United Way returns to Battle Creek as Kellogg and Post partner again to fight food ...

European sweets and snacks maker the Ferrero Group plans to acquire breakfast cereal giant WK Kellogg in a deal worth $3.1 billion. Under the terms of the transaction announced July 10, Ferrero would ...

(AP) — Ferrero, known for brands like Nutella and Butterfinger, is taking cereal company WK Kellogg private in a deal valued at approximately $3.1 billion. The Ferrero Group will pay $23 for each ...

The Ferrero Group, a confectionery giant behind brands like Nutella and Kinder, is making a bold move to expand its North America footprint by acquiring WK Kellogg Co KLG for $3.1 billion. The ...

CHICAGO -- Kellogg, the maker of Frosted Flakes, Rice Krispies and Eggo, has announced that it will separate into three different companies to create "greater strategic, operational, and financial ...

Breakfast cereal could use a lucky charm. U.S. 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 ...