Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero

cnbc.com/2025/07/09/cereal-maker-wk-kellogg-shares-jump-report-possible-deal-with-ferrero.html

Shares of WK Kellogg soared more than 50% on Wednesday following a report that chocolate maker Ferrero is close to a roughly $3 billion deal to buy the cereal company.
The Italian company known for its circular hazelnut chocolates could finalize an acquisition of the legacy breakfast…

This story appeared on cnbc.com, 2025-07-09 21:40:10.949000.
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