U.S. Cereal Company, Post Holdings Inc., Buying Weetabix Ltd. For $1.8 Billion
April 18, 2017 at 15:56 PM EDT
U.S. cereal company Post Holdings Inc. has agreed to buy Weetabix Ltd. from Bright Food Group Co. of China for 1.4 billion pounds (US$1.8 billion), adding the British breakfast staple to a portfolio that includes Grape Nuts and Honey Bunches of Oats.