WK Kellogg on Thursday agreed to be bought by the owner of Ferrero Rocher in a deal worth around $3.1 billion, as the cereal maker has been struggling with weakening consumer demand due to ...
New York (CNN) — Nutella maker Ferrero Group is buying cereal giant WK Kellogg Co in a $3.1 billion deal. Shares of WK Kellogg (KLG) jumped more than 30% in early trading. Ferrero said that it “plans ...
New Yorks (CNN) — Shares of WK Kellogg, the cereal maker behind Froot Loops and Frosted Flakes, skyrocketed as high as 50% after the Wall Street Journal reported Wednesday that Ferrero was nearing ...
Your favorite breakfast cereal may soon be free of artificial dyes as W.K. Kellogg has committed to ending the use of the dyes by the end of 2027. According to the Associated Press, Texas Attorney ...
NEW YORK — Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort to expand its North American sales. The Ferrero ...
There's really nothing like the perfect bowl of cereal to start a morning (or to snack on in the middle of the night). However, a number of classic cereals have changed over time. Here are several ...
A woman pushes a shopping cart past boxes of Kellogg’s breakfast cereal at a supermarket Friday in Springfield, Pa. Breakfast cereal could use a lucky charm. U.S. sales of the colorfully packaged ...