WBNOWQCT Your favorite Rock & Classics!
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in nearby Michigan in a deal valued at approximately $3.1 billion. The Ferrero Group said Thursday it will pay $23 for each Kellogg share. The transaction includes the manufacturing, marketing and distribution of WK Kellogg Co.’s portfolio of breakfast cereals across the United States, Canada and the Caribbean.
Check Also
For the fourth consecutive year, Ohio sees decline in traffic fatalities.
For the fourth consecutive year, Ohio has seen a decline in traffic fatalities. To maintain …