Giovanni Ferrero's latest acquisition of WK Kellogg for $3.1 billion marks a significant milestone in his mission to expand Ferrero's presence in the U.S. snack market. With a decade of strategic deals, Ferrero is transforming into a global food powerhouse while diversifying beyond chocolates.
The EU has launched an antitrust investigation into Mars' acquisition of Kellanova, citing concerns over market price hikes and increased bargaining power. Will this multibillion-dollar deal be blocked?
