Ferrero’s $3.1 Billion WK Kellogg Acquisition Poised for Imminent Closure
Ferrero’s $3.1 Billion WK Kellogg Acquisition Poised for Imminent Closure The confectionery giant Ferrero is on the cusp of finalizing its $3.1 billion acquisition of WK Kellogg Co., the company behind iconic American cereals like Froot Loops. The landmark deal, which will see Ferrero integrate WK Kellogg Co. as a wholly owned subsidiary, is anticipated to conclude in the second half of 2025, subject to final shareholder and regulatory approvals. Under the terms of the agreement, Ferrero will acquire all…