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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 ...
The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's ...
Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas.
Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons, and billionaire investor Dean Metropoulos teamed up in an unsuccessful bid for cereal maker WK Kellogg, ...
CNBC’s “Squawk Box Europe” anchors discuss Nutella-maker Ferrero's reported takeover bid for cereal maker WK Kellogg.
Aug 6 (Reuters) - Kellogg Co has hired an adviser to evaluate a bid for cookies and snacks maker United Biscuits Ltd <IPO-UNI.L>, a source familiar with the matter said.
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 ...
At least three bidders emerged for British cookie maker United Biscuits, including Kellogg, the Ontario Teachers' Pension Plan and a Turkish biscuit maker, with offers totaling around $3.27 billion.
LONDON—U.S. cereal maker Kellogg Co. K, +0.46% , Canadian pension fund Ontario Teachers’ Pension Plan and Turkish biscuit company Ulker Biskuvi Sanayi AS TR:ULKER are among bidders offering ...
The private equity firm said Kellogg then increased its bid to $89.86 Egyptian pounds per share, or $12.60 per share. ... Pop Tarts and Eggo waffles, among other products.
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