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Ferrero’s Acquisition of WK Kellogg Co. Remains Unconfirmed Amid Past Reports

Ferrero’s Acquisition of WK Kellogg Co. Remains Unconfirmed Amid Past Reports

Ferrero’s Acquisition of WK Kellogg Co. Remains Unconfirmed Amid Past Reports Reports from a past Wednesday indicated that Michigan’s WK Kellogg Co., the Battle Creek-based cereal giant, was poised for a nearly $3 billion acquisition by Italian candymaker Ferrero SpA, known for Ferrero Rocher, Butterfinger, and Nutella. At the time, sources suggested a deal could be finalized within that same week. Following the initial reports, shares in Kellogg saw a significant surge, climbing over 50% in after-hours trading from a…

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