Ferrero's $3.1 Billion Deal to Buy WK Kellogg Shakes Up Cereal Industry
July 10 @ 4:14pm ET
Ferrero Group, maker of Nutella, has acquired WK Kellogg Co. for $3.1 billion, merging candy with iconic cereals like Frosted Flakes. This deal aims to innovate breakfast options and grow Kellogg's market presence.