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Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

Michigan's WK Kellogg cereal maker set to be bought by Italian candymaker Ferrero

Historically, acquisitions of Michigan companies lead to fewer jobs and less local investment.

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Ferrero to Buy WK Kellogg in Candy-Meets-Cereal Deal

· 2d · on MSN

Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal

The acquisition will give Ferrero “scale and a stronger US foothold,” according to Bloomberg Intelligence analysts led by Jennifer Bartashus.

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WK Kellogg, based in Battle Creek, agrees to sale to Ferrero Rocher in $3.1B deal

Nutella And Corn Flakes For Breakfast: The WK Kellogg-Ferrero Deal Explained