(Reuters) -WK Kellogg on Thursday agreed to be bought by the owner of Ferrero Rocher in a deal worth around $3.1 billion, as the cereal maker has been struggling with weakening consumer demand due to
WK Kellogg agrees to $3.1 billion buyout deal by Italy's Ferrero
(Reuters) -WK Kellogg on Thursday agreed to be bought by the owner of Ferrero Rocher in a deal worth around $3.1 billion, as the cereal maker has been struggling with weakening consumer demand due to persistently high inflation.
(Reporting by Savyata Mishra in Bengaluru; Editing by Shinjini Ganguli)
