Ferrero Group acquires WK Kellogg for $3.1B

5 hours ago 1
Kellogg"s Earnings Beats Expectations

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  • Shares of WK Kellogg (NYSE:KLG) were holding onto a 30% gain in Thursday’s premarket following confirmation that Ferrero Group has agreed to acquire the cereal giant for $23 per share in cash, representing an enterprise value of $3.1B.
  • The acquisition

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