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McLean, Virginia-based Mars makes sweet snacks like M&M’s, Snickers and Skittles as well as Ben’s Original rice and pet food. Chicago-based Kellanova, which was created in 2023 when the ...
Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators ...
Mars is acquiring Kellanova for $35.9 billion, expanding its global snack portfolio with brands like Pringles and Pop Tarts.
Based on the current status of the ongoing antitrust review by the European Commission, Mars and Kellanova expect the transaction to close towards the end of 2025, ...
Kellanova (NYSE:K) ranks among the top consumer staples stocks according to hedge funds. As the European Commission examines ...
Mars' $36 billion bid for Pringles maker Kellanova is set to face a full-scale EU antitrust investigation, people close to the matter said on Wednesday, which could require the candy giant to divest ...
Kellanova extended its long streak of quarterly profit beats, as the snacks, cereal and noodles company didn’t let its pending merger with Mars Inc. become as a distraction.
Kellanova's merger with Mars positions the combined company to better navigate these industry dynamics and potentially gain market share from competitors. Operational Challenges.
Candy company Mars has not offered remedies to EU antitrust regulators reviewing its proposed $36-billion takeover of Pringles maker Kellanova , an update on the European Commission website showed on ...
Mars Inc.’s $36 billion takeover of snack maker Kellanova was given the greenlight by the US Federal Trade Commission on the same day European Union regulators opened up a lengthy probe of the deal.
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Mars to acquire Kellanova for $35.9b - MSNThe acquisition will enhance Mars' existing portfolio. Mars Incorporated has agreed to acquire Kellanova for $83.50 per share in a cash. The deal, valued at $35.9 billion including assumed net ...
Kellanova's board has bumped up the food maker's quarterly dividend by a penny, to 58 cents from 57 cents. The new payout, equal to $2.32 a year, represents an annual yield of about 2.91% based on ...
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