Mars agreed to buy Kellanova for $36 billion, while Ferrero acquired WK Kellogg for $3.1 billion, amid investment activity by Cerberus.
9 reports, 7 independent
Updated Aug 16
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What happened
Mars agreed to buy Kellanova for $36 billion, while Ferrero acquired WK Kellogg for $3.1 billion, amid investment activity by Cerberus.
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The entities involved
Coverage
Newest first; wire copies grouped- healthcare-digital.com
- fooddive.com
- foodnavigator.com
- ReutersCerberus and Dean Metropoulos also made a bid for WK Kellogg, sources say By Abigail Summerville -Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons, and billion
- Motley FoolWhy WK Kellogg Shares Skyrocketed This Week Kellogg shares rocketed higher after the company announced it was being acquired for $23. Italian snacking behemoth Ferrero hopes to take the company priva
- CBS NewsItaly's Ferrero to buy WK Kellogg in $3.1 billion deal The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's global reach. Kello
- The Daily UpsideFerrero Puts Snap, Crackle and Pop into Its Earnings With WK Kellogg Acquisition Nutella-covered Froot Loops could become a thing now that Ferrero’s buying WK Kellogg for $3.1 billion. The Rice Krisp
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