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Shares of Kellogg slipped Wednesday morning after a Middle Eastern private equity investor said it was dropping out of a bidding competition with the U.S. cereal maker over an Egyptian baked goods ...
The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced ...
The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's ...
The transaction marks the end of Battle Creek's run as a quintessential company town in Michigan, where the name "Kellogg" ...
LUXEMBOURG and BATTLE CREEK, Mich. — The Ferrero Group will acquire WK Kellogg Co for a total enterprise value of $3.1 ...
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...
Shares of WK Kellogg soared following a report by The Wall Street Journal that Italian candy maker Ferrero is nearing a $3 billion deal to buy the cereal conglomerate. WK Kellogg stock was up 52%, at ...
Kellogg is spinning off its North American cereal business into a standalone company, positioning it to better compete with cereal leader General Mills. By Brooks Johnson September 24, 2022 at 1:00PM ...
Kellogg's latest bid, for 89.86 Egyptian pounds ($12.57) per share, came on the heels of an offer earlier in the day by Abraaj Asset Management for 88.09 pounds a share, ...