WK Kellogg – CoolPal

Ferrero Finalizes $3.1 Billion WK Kellogg Acquisition, Solidifying US Market Dominance

2025-07-12 CoolPal

Ferrero Finalizes $3.1 Billion WK Kellogg Acquisition, Solidifying US Market Dominance Italian confectionery giant Ferrero has officially completed its $3.1 billion acquisition of WK Kellogg, the cereal maker behind iconic brands like Froot Loops and Corn Flakes. This landmark deal, one of the largest in the food industry this year, marks a significant milestone in Executive Chairman Giovanni Ferrero’s ambitious decade-long strategy to transform the family business into a global food powerhouse, particularly expanding its presence in the United States….

Ferrero’s $3.1 Billion WK Kellogg Acquisition Poised for Imminent Closure

2025-07-11 CoolPal

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…

Ferrero Nears $3 Billion Acquisition of WK Kellogg Amidst Cereal Market Shake-Up

2025-07-10 CoolPal

Ferrero Nears $3 Billion Acquisition of WK Kellogg Amidst Cereal Market Shake-Up WK Kellogg’s shares have surged by over 56% in extended trading following reports that Italian confectionery giant Ferrero is on the verge of acquiring the North American breakfast cereal maker for approximately $3 billion. This potential deal, which could be announced as early as this week, would significantly expand Ferrero’s footprint in the US market, potentially doubling WK Kellogg’s stock market value from its recent $1.5 billion. Ferrero,…

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