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费列罗集团以31亿美元收购WK Kellogg
2025-07-10 21:19
- Shares of WK Kellogg (NYSE:KLG) were holding onto a 30% gain in Thursday’s premarket following confirmation that Ferrero Group has agreed to acquire the cereal giant for $23 per share in cash, representing an enterprise value of $3.1B.
- The acquisition is expected to close in the second half of 2025 at which time WK Kellogg (NYSE:KLG) will become a wholly owned subsidiary of Ferrero and cease trading on the NYSE.
- Ferrero Group will acquire the manufacturing, marketing, and distribution of WK Kellogg’s (NYSE:KLG) entire portfolio of breakfast cereals across the U.S., Canada, and Caribbean.
- WK Kellogg (NYSE:KLG) shares are off their earlier highs of more than $26 per share but holding onto a double-digit gain into the open.
- Source: SEC filing
More on WK Kellogg
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- WK Kellogg Co (KLG) Q1 2025 Earnings Call Transcript
- WK Kellogg skyrockets on report that Ferrero will acquire the cereal giant
- Texas could soon mandate warning labels on Doritos, Gatorade
- Seeking Alpha’s Quant Rating on WK Kellogg
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