Ferrero Acquires WK Kellogg in $3.1 Billion Deal

» Published: July 10 2025 at 15:08

Ferrero Acquires WK Kellogg in $3.1 Billion Deal
Photo: Elise Amendola

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Chocolate giant Ferrero is making a bid for the American corn flake specialist WK Kellogg. Ferrero pays 23 dollars per share, which values the corn flake company at 3.1 billion dollars. According to Ferrero, the entire Kellogg's board agrees to accept the bid.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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