News

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 ...
Breakfast cereal sales declined for decades before Kellogg’s sale to Italian company
Breakfast cereal could use a lucky charm. U.S. sales of the colorfully packaged morning staple have been in a decades-long ...
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 ...
Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion
Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...
Italy's Ferrero to buy Kellogg for $3.1 billion, but regional HQ to stay in Battle Creek
The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" ...
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 ...
Kellogg's Corn Flakes Now Italian? Ferrero Snaps Up US Cereal Giant for $3.1 Billion in Shock Food Takeover
In one of the most significant acquisitions in the food industry, Italian food giant Ferrero has acquired American cereal ...
Kellogg’s bought for $3.1B by Nutella parent company
Kellogg’s, famous for making Frosted Flakes and Froot Loops, has struck a deal to be being for $3.1 billion by the Ferrero ...