(Bloomberg) -- Mars Inc. agreed to buy Kellanova for nearly $36 billion, bringing together two major food companies in one of the biggest deals of the...
-- Mars Inc . agreed to buy Kellanova for nearly $36 billion, bringing together two major food companies in one of the biggest deals of the year.Mars will pay $83.50 per share in cash for the maker of Pringles chips and Eggo waffles, the companies said in a statement.The packaged-food industry has been grappling with declining volumes, slowing growth and a weakening global consumer. Companies are looking to innovation and new markets to bolster sales as shoppers start to push back on price hikes.
Analysts have said a Mars-Kellanova tie-up wouldn’t face major antitrust concerns because of the limited overlap between the two companies’ products.Kamala Harris 4.0: Liberal, Moderate or Something Else?Hackers linked to Russian intelligence are targeting the Kremlin's critics around the globe with phishing emails, according to new research published on Wednesday by digital rights groups Citizen Lab and Access Now.
Coast Copper Options Additional Ground Adjacent to its Sully Property and Completes Exploration Work on Properties NEW YORK, Aug. 14, 2024 -- FE International, Inc. , the international transaction consulting, asset management, and M&A advisory firm for lower middle market technology businesses whose team has closed 1,500 M&A transactions in over 25 countries during the firm’s 13-year history, announces its new FINRA registered investment banking broker-dealer, FE Capital Markets, LLC .
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M&M's candy maker Mars to buy out Pringles parent Kellanova in $36 billion dealFamily-owned packaged food giant Mars, whose candy brands include M&M's and Snickers, said on Wednesday it would buy Pringles maker Kellanova for nearly $36 ...
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Snickers maker Mars to acquire Kellanova for nearly US$30-billion, source saysMars will pay $83.50 per share in an all-cash deal for Kellanova that is set to be announced on Wednesday, the source said
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Mars' mulled deal for Kellanova should withstand regulatory scrutinyMars' contemplated acquisition of U.S. snack maker Kellanova stands a good chance of getting past global antitrust regulators, legal experts say, even as it ...
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