NUTELLA MAKER FERRERO TO ACQUIRE WK KELLOGG FOR $3.1BN
Fri 11 July 2025: Deal announced as cereal giant Kellogg struggles as consumer demand slows due to inflation. The Ferrero Group will acquire United States cereal brand WK Kellogg for roughly $3.1bn as the latter struggles with weakening consumer demand and inflationary pressures. Kellogg and Ferrero announced the deal on Thursday. Deal making in the […]
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