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$3.1 billion deal News

Business

Ferrero Expands Its Empire: Acquires Kellogg's Cereal Business in a Groundbreaking $3.1 Billion Deal

Emily Rodriguez 11 Jul, 2025

Ferrero, the Italian candy maker behind Nutella, has agreed to acquire WK Kellogg in a $3.1 billion deal, expanding its footprint in the North American cereal market amidst declini...

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