Tag #Ferrero

Showing 1 to 5 of 5 results

dw.com
🌐 85% Global Worthiness
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Climate Change-Induced Frost Drives Sharp Increase in Hazelnut Prices

A rare frost caused by climate change devastated Turkey's hazelnut crop, the world's largest, increasing prices by over 35% since April and impacting confectionery manufacturers like Ferrero, which uses about a quarter of the global hazelnut supply.

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36% Bias Score

aljazeera.com
🌐 85% Global Worthiness
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Ferrero Acquires WK Kellogg for $3.1 Billion Amid Industry Consolidation

Ferrero is acquiring US cereal brand WK Kellogg for roughly $3.1 billion, its largest deal to date, uniting brands like Nutella and Frosted Flakes under one roof and reflecting industry consolidation amid weakening consumer demand and inflation; the deal is expected to close by the second half of 20...

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36% Bias Score

Responsible Consumption and Production
sueddeutsche.de
🌐 65% Global Worthiness
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Death of Michele Rivella: End of an Era for Ferrero

Michele Rivella, instrumental in developing Nutella and other Ferrero products, died on Friday, exactly ten years after the death of Michele Ferrero, marking the end of an era for the confectionery giant.

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48% Bias Score

Responsible Consumption and Production
bbc.com
🌐 85% Global Worthiness
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Ferrero Poised to Acquire WK Kellogg for $3 Billion

Ferrero, the Italian confectionery company, is reportedly nearing a \$3 billion deal to acquire WK Kellogg, the US maker of Corn Flakes and other breakfast cereals, potentially this week, according to the Wall Street Journal and Financial Times; this comes as WK Kellogg faced financial difficulties,...

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36% Bias Score

Zero Hunger
abcnews.go.com
🌐 85% Global Worthiness
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Ferrero Acquires Kellogg's U.S. Cereal Business for $3.1 Billion

Italian confectionery company Ferrero is buying the U.S. cereal maker Kellogg for about $3.1 billion, gaining access to Kellogg's distribution network and expanding beyond snacks into the breakfast food sector; the deal is expected to close in the second half of 2025.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 1 to 5 of 5 results