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The European Commission has paused its investigation into Mars' $36 billion purchase of Kellanova (NYSE:K), according to ...
EU antitrust regulators paused their investigation into candy maker Mars' $36 billion bid for Pringles maker Kellanova on ...
Mars is acquiring Kellanova for $35.9 billion, expanding its global snack portfolio with brands like Pringles and Pop Tarts.
The European Commission has paused its in-depth probe of Mars's nearly $30 billion bid to take over cereal giant Kellanova, according to an update on the regulator's website.
Investing.com -- European Union antitrust regulators have temporarily suspended their investigation into Mars’ $36 billion ...
The Twix and Milky Way chocolate maker has already invested more than $6 billion in U.S. manufacturing in the last five years ...
Last August, Mars announced its intention to buy Kellanova for $35.9 billion. It said the deal would help it broaden its snacking portfolio and expand globally.
Calling the US market a “key engine for growth,” Mars Inc. plans to invest about $2 billion through 2026 to expand its US-based manufacturing operations nationwide. Mars said the plan, announced July ...
Steve Cahillane, Chairman, President & CEO, Kellanova, said: “This represents a significant milestone on our path to combine Mars Snacking and Kellanova. We continue to believe this is an ...
Mars will issue the Mars Guarantee and pay the Consent Payment with respect to each Existing Kellanova Indenture conditioned upon, and promptly after the closing of, the Acquisition (the ...
The food maker plans to expand production capabilities and boost innovation in the U.S., where 94% of its items sold are produced locally.
Kellanova's net sales for 2023 were $13 billion. With more than 150,000 associates across its Petcare, Snacking and Food businesses, Mars had net sales of more than $50 billion in 2023.
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