Kirkland and Davis Polk lead as Ferrero seals $3.1bn tie-up with cereal giant Kellogg

Kirkland and Davis Polk lead as Ferrero seals $3.1bn tie-up with cereal giant Kellogg

Davis Polk and Kirkland & Ellis have won the lead roles as Nutella-maker Ferrero Group prepares to buy US cereal company WK Kellogg Co for $3.1bn.

A team from Davis Polk in London and New York is advising  Ferrero on the deal, with New York M&A partners Daniel Brass and Michael Senders leading a team that also includes lawyers across the firm’s executive compensation, tax, IP, antitrust and competition departments. Partners Nick Benham and Aaron Ferner are providing financing advice from London.

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