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Ferrero to Acquire Breakfast Cereal Maker WK Kellogg for $3.1 Billion
1 week ago /
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Author：小编
The Ferrero Group has announced its acquisition of WK Kellogg Co. for a cash consideration of $23 per share, amounting to a total transaction value of $3.1 billion. This agreement, anticipated to conclude in the second half of the year, is contingent upon shareholder approval and regulatory clearances. The acquisition is poised to propel Ferrero into the breakfast cereal sector and bolster its market position in North America.
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