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.

Ferrero will acquire WK Kellogg in a $3.1B deal, adding top cereal brands like Frosted Flakes and Special K to its growing ...

-Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons, and billionaire investor Dean ...

Kraft Heinz is studying a potential spin off of a large chunk of its grocery business, including many Kraft products, into a ...

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

The Ferrero Group, a confectionery giant behind brands like Nutella and Kinder, is making a bold move to expand its North ...

As Ferrero buys WK Kellogg for $3.1B, Battle Creek braces for change while officials hope the hometown cereal maker’s roots ...