Giovanni Ferrero has expanded his family's company beyond brands like Nutella and built a global powerhouse—especially ...

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Ferrero International has agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian ...

Giovanni Ferrero, the quiet force behind Nutella, built a global empire while remaining one of business's most enigmatic figures.

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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 deal combines the maker of Nutella with the company behind Froot Loops cereals, diversifying its chocolate-heavy ...

The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...

SENNINGERBERG: Ferrero International SA, the Italian family-owned company known for its signature gold foil-wrapped ...

Shares of WK Kellogg, the cereal maker behind Fruit Loops and Frosted Flakes, skyrocketed 50% after the Wall Street Journal reported Wednesday that Ferrero was nearing acquiring the company for $3 ...

Ferrero International SA, the Italian family-owned company known for its signature gold foil-wrapped chocolates, is close to acquiring cereal producer WK Kellogg Co. for about $3 billion, according to ...

The acquisition will give Ferrero ‘scale and a stronger US foothold’, while Kellogg stands to benefit from the Nutella ...