Ferrero to acquire WK Kellogg Co in $3.1 billion deal
The Ferrero Group will acquire WK Kellogg Co for $23.00 per share in cash, representing a total enterprise value of $3.1 billion. The transaction will bring WK Kellogg Co’s breakfast cereal portfolio under Ferrero’s ownership, including manufacturing, marketing and distribution operations across the United States, Canada and the Caribbean.

