The Ferrero Group has agreed to acquire WK Kellogg Co. for $23 per share in cash, representing a total enterprise value of $3.1 billion. The acquisition, which includes the manufacturing, marketing and distribution of WK Kellogg Co.’s portfolio of breakfast cereals across the U.S., Canada and the Caribbean, expands Ferrero’s reach with renowned brands and strong consumer relevance. Upon the […]
Tag: WK Kellogg Co.
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Meijer, WK Kellogg Co. Support Detroit Middle School Sports
Meijer and WK Kellogg Co. recently partnered to support the next generation of student athletes in the Detroit area, donating $25,000 to strengthen middle school sports programs at five schools. Through the Kellogg’s Frosted Flakes Mission Tiger program, Great Oaks Academy, Trillium Academy, Detroit Achievement Academy, Center Line Prep and the Detroit Lions Academy each received $5,000 to enhance their athletic programs […]