U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with ...

Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co., the maker of classic American cereals, according to a press release issued Thursday.

Italian confectionery giant Ferrero will buy north American cereal maker WK Kellogg co for $23 per share in cash.

Ferrero said the deal would expand its presence in North America and help the company move beyond its candy and snack ...

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying U.S. cereal company WK Kellogg in a deal ...

The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and ...

Ferrero has confirmed the confectionery giant has entered an agreement with WK Kellogg to acquire the US cereals business for $3.1bn.