The Italian food giant Ferrero is expanding its North American portfolio by acquiring WK Kellogg, known for iconic brands ...

Ferrero will acquire WK Kellogg Co for $3.1 billion, adding iconic US cereal brands like Frosted Flakes and Special K to its ...

The Ferrero Group is acquiring WK Kellogg Co. in a deal valued at $3.1 billion, or $23 per share, the companies announced ...

Ferrero will buy Kellogg for $23 per share in cash for a total of about $3.1 billion. The deal has been approved by Kellogg’s ...

The Kellogg cereal business, an iconic Michigan brand, is being sold to Ferrero, an Italian chocolate and sweets company.

The Italian candy maker and iconic brand of breakfast foods are expected to close on the deal later this year.

Kellogg’s iconic cereals, including Frosted Flakes and Froot Loops, will join Ferrero in a $3.1 billion acquisition deal.