Ferrero to buy WK Kellogg for $3.1 bn: A Sweet & Crunch Deal
Iconic US cereal maker WK Kellogg has reached a deal to sell itself to Italian food company Ferrero for $3.1 bn – Copyright GETTY IMAGES NORTH AMERICA/AFP/File Brandon BellThe Ferrero Group will acquire US cereal mainstay WK Kellogg for $3.1 billion as the Italian food giant expands further in North