Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK ...

Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co., the maker of classic American cereals, according to a press release issued Thursday.

Ferrero is set to acquire KLG for $3.1B in cash, marking its North America expansion and entry into the cereal market.

Ferrero Group, maker of Nutella and Kinder chocolates, has acquired cereal giant WK Kellogg Co in a $3.1 billion deal.

Ferrero’s $3.1bn acquisition folds Froot Loops and Frosted Flakes into its candy empire, proving breakfast and dessert are a ...

The settlement comes as these companies manufactured opioid pills, worsening the nationwide opioid crisis worth around $720 million nationwide.

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