Cereal leader WK Kellogg is set to be bought for $3 billion by the owner of Ferrero Rocher.
WK Kellogg to Be Acquired by Ferrero Rocher for $3.1 Billion On Thursday, WK Kellogg reached an agreement with the owners of Ferrero Rocher for a purchase deal valued at approximately $3.1 billion. This move comes as grain manufacturers are facing challenges with low consumer demand, which has been compounded by ongoing high inflation rates. […]