Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy’s Ferrero

The deal, which is Ferrero’s biggest acquisition in recent years, brings legacy brands such as Nutella, Kinder, Tic Tac, Frosted Flakes, Froot Loops and Special K under one roof.

The deal, which is Ferrero’s biggest acquisition in recent years, brings legacy brands such as Nutella, Kinder, Tic Tac, Frosted Flakes, Froot Loops and Special K under one roof.