Steve Cahillane

Kellogg company announced that it has reached a definitive agreement to sell selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses to the Ferrero Group and its related companies, a global confectionery group. The cash transaction...

Kellogg's is buying the upstart company behind protein bar maker RXBar for US $600 million. RXBAR, which is owned by Chicago Bar Co, will continue to operate independently after the deal, Kellogg's said in a statement. "RXBAR is a unique and...