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Nutella maker Ferrero plans to buy WK Kellogg for $3 billion
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· 1d
Candy Giant Ferrero Targets WK Kellogg In $3.1 Billion U.S. Expansion
“Over recent years, Ferrero has expanded its presence in North America, bringing together our well-known brands from around the world with local jewels rooted in the U.S.,” said Giovanni Ferrero, Fer...
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· 1d
Breakfast cereal sales declined for decades before Kellogg’s sale to Italian company
U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news that Italian confectioner Ferrero Group plans to purchase the American...
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3d
on MSN
Nutella with your Corn Flakes? This cereal giant’s stock rallies on word of a $3 billion deal.
The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get traction.
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