WK Kellogg rises after report Ferrero nears $3 bln deal for company

WK Kellogg Co

09/07/2025 21:24

** WK Kellogg's shares KLG.N rise ~51% to $26.50 in after-hours trading

** Ferrero is nearing an about $3 billion deal to buy WK Kellogg, Wall Street Journal reports

** Of the 10 brokerages covering the stock, 5 rate "hold" and 5 "sell" or lower; median PT is $17 - data compiled by LSEG

** Shares down ~2.7% YTD

(Reporting by Utkarsh Shetti in Bengaluru)

((UtkarshUmesh.Shetti@thomsonreuters.com;))