Ferrero to buy cereal maker WK Kellogg for $3.1 billion
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Snap, crackle and pay: Ferrero to acquire cereal giant WK Kellogg for US$3.1b to expand US footprint
The Ferrero Group will acquire US cereal mainstay WK Kellogg for US$3.1 billion (RM13.1 billion) as the Italian food giant expands further in North
July 10 (UPI) -- Italy's Ferrero will acquire U.S. cereal maker WK Kellogg in a $ 3.1 billion deal, the companies announced Thursday. The agreement includes manufacturing, marketing and distribution of WK Kellogg's portfolio of breakfast cereals across the United States, Canada and the Caribbean.