Giovanni Ferrero has expanded his family's company beyond brands like Nutella and built a global powerhouse—especially ...

Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.

An Italian candy company is looking to buy the breakfast cereal maker WK Kellogg in a business deal that would cost roughly $3 billion. Ferrero Group, which makes the little hazelnut candies Ferrero ...