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TradingKey - Italian food giant Ferrero Group is advancing a nearly $3 billion acquisition proposal for U.S. cereal and snack giant Kellogg (KLG.US), according to sources.
TradingKey - According to a Wall Street Journal report, Italian confectionery giant Ferrero, the world’s third-largest chocolate and candy company, is close to finalizing a deal to acquire U.S. breakfast cereal brand WK Kellogg for around $3 billion. The news sent WK Kellogg shares up over 60% in
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