A “strategic transaction” proposition put forward by Kraft Heinz in May could well be about to emerge with a timely spin-off of assets.

This deal continues Ferrero's track record of acquiring and growing well-known brands to strengthen its North American ...

Ferrero, the maker of Nutella, announces a $3.1 billion deal to acquire century-old cereal company WK Kellogg, expanding its ...

Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...

Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.

For Ferrero, the acquisition of WK Kellogg is a strategic move to diversify its portfolio beyond confectionery and expand ...

Kellogg deal will benefit both companies. Kellogg shares rallied some 30% on the back of Ferrero's buyout proposal today.

The Ferrero Group ("Ferrero" or the "Company") and WK Kellogg Co (NYSE: KLG) today announced that they have entered into a definitive agreement under which Ferrero has agreed to acquire WK Kellogg Co, ...

Ferrero Group has made a substantial $445 million investment to expand its production facility in Brantford, Ontario in Canada. This expansion is expected to create approximately 500 new jobs and ...

Italian chocolate maker Ferrero hosted hosted state and local officials on Wednesday to celebrate the expansion of its Bloomington operations, which will invest $214.4 million and create 200 new jobs.

Ferrero will establish its first North American Chocolate Manufacturing Center at its facility in Bloomington, IL, creating approximately 50 new jobs.