Bearish being sniped! Wk Kellogg (Klg.us) received a takeover offer from Ferrero, soaring 55% after-hours, with a market value exceeding 2.2 billion.

According to the Chinese financial news app 36kr, it was learned that the private equity-controlled Ferrero Group is advancing a nearly $3 billion acquisition deal, targeting the American food giant KLG.US (WK Kellogg Company). Stimulated by this news, WK Kellogg Company's stock price surged 55% to $27.26 in after-hours trading, implying a market value exceeding $22 billion. Informed sources revealed that the two sides may reach an agreement as soon as this week, but the details of the transaction have not been finalized.