The Ferrero Group, the parent company of Wells Enterprises in Le Mars, IA, is buying cereal maker WK Kellogg Co.  It will pay $23 for each Kellogg share, coming to around $3.1 billion. Kellogg’s was ...

Ferrero buys WK Kellogg Co for US$3.1bn to diversify beyond sweets and expand its control over breakfast manufacturing and ...