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Nutella-maker Ferrero to gobble up cereal giant Kellogg for $3.1 billion
The Italian candy company Ferrero plans to buy the American cereal maker Kellogg for $3.1 billion, the companies announced Thursday. The deal would unite the makers of household brands including Nutella and Frosted Flakes. American cereal giant Kellogg and Italian candy giant Ferrero have struck a sweet deal worth $3.1 billion.
Ferrero said the deal would expand its presence in North America and help the company move beyond its candy and snack ...
In his view, Ferrero’s decision to stick with palm oil has more to do with the company’s bottom line than it does the quality of Nutella. “It’s a business decision,” La Pira said.
The Italian candy maker behind Ferrero Rocher and Nutella is nearing a roughly $3 billion deal to buy the breakfast-cereal ...
Shares of WK Kellogg soared following a report by The Wall Street Journal that Italian candy maker Ferrero is nearing a $3 billion deal to buy the cereal conglomerate. WK Kellogg stock was up 52%, at ...
Scrumdiddlyumptious on MSN3d
Ferrero Rocher Dessert Bowls Filled With Chocolate MousseThese Ferrero Rocher Dessert Bowls are pure indulgence — creamy, crunchy, and loaded with the flavor of chocolate hazelnut ...
Nutella prices may soon climb after Turkey — the world’s top hazelnut producer — was hit by a devastating spring frost that ...
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