Ferrero to buy cereal maker WK Kellogg for $3.1 billion; Kellogg shares jump 30%
Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas. Brandon Bell | Getty Images Chocolate maker Ferrero has agreed to buy cereal giant WK Kellogg in a deal valued at $3.1 billion. WK Kellogg, which makes U.S. childhood staples such as Froot Loops and…
