14 July 08:47
The consortium formed by Cerberus Capital Management and Dean Metropoulos was rejected in the bid to acquire WK Kellogg's, won by Ferrero for 3.1 billion dollars.
Ana-Maria Tapescu
International
Foto: Brandon Bell / Getty images / Profimedia
Cerberus Capital Management and billionaire Dean Metropoulos tried to acquire cereal maker WK Kellogg's, but their offer was rejected in favor of Ferrero Group, which agreed to a $3.1 billion deal. Cerberus, with retail experience, and Metropoulos, known in the food industry, were advised by UBS and Macquarie. The proposal has sparked speculation about their future investment targets amid a surge in M&A activity in the food sector.
Sources
Cerberus şi Dean Metropoulos au făcut o ofertă pentru WK Kellogg, dar au pierdut în faţa Ferrero – surse
Răsturnare spectaculoasă de situație într-o tranzacție uriașă: Un mare miliardar tocmai a fost scos din cursă
Grupul italian Ferrero preia businessul WK Kellogg’s de pe piaţa americană pentru 3,1 mld. dolari. Ce afaceri au giganţii în România
ȘTIRI PE ACELEAȘI SUBIECTE
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
