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FERRERO TO ACQUIRE WK KELLOGG CO

Friday, July 11, 2025 • 12 PM

The Ferrero Group ("Ferrero" or the "Company") and WK Kellogg Co (NYSE: KLG) today announced that they have entered into a definitive agreement under which Ferrero has agreed to acquire WK Kellogg Co, for $23.00 per share in cash, representing a total enterprise value of $3.1 billion.

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