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    <title>Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion</title>
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    <description>Ferrero will acquire WK Kellogg for $23 per share (about $3.1 billion), transferring manufacturing, marketing and distribution of WK Kellogg&#039;s cereal portfolio across the United States, Canada and the Caribbean. The transaction is subject to shareholder approval and is expected to close in the second half of the year, after which WK Kellogg shares will be delisted from the New York Stock Exchange and the company will become a Ferrero subsidiary.</description>
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    <pubDate>Thu, 10 Jul 2025 22:01:03 +0530</pubDate>
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