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Kellanova (NYSE:K) shares fell slightly in premarket trading Thursday after the company reported second-quarter earnings that missed analyst expectations.
The European Commission, fearing consolidation in snacks, asks the two parties for more information; U.S. FTC has already approved the $36 billion deal.
Mars is in talks to buy Kellanova, which owns Pringles, Cheez-It and Morningstar Farms, CNBC's David Faber reported Monday.
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WK Kellogg Co. needs to disclose more about any potential conflict its financial adviser has from a deal with the ...
Kellanova, the global snacking powerhouse formerly known as Kellogg Company (NYSE:K), finds itself at a pivotal moment in its corporate history. With a market capitalization of $28.35 billion and ...
With a new $240m Nature’s Bakery plant opening in Utah and a $36bn Kellanova deal underway, Mars is laying the groundwork for ...
The European Commission has paused its review of Mars’ $35.9bn bid to acquire Kellanova, citing missing information. While the deal cleared US regulators, European officials are probing its potential ...
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.
When reporting third-quarter results on Oct. 31, Kellanova said it wouldn’t be providing forward-looking guidance or holding its quarterly analyst call because of the pending acquisition by Mars.
Mars Inc. agreed to buy Kellanova for nearly $36 billion including debt, bringing together two major food companies in the biggest deal of the year. Mars will pay $83.50 a share in cash for the ...
Mars will acquire Kellanova for $35.9 billion in cash, tying together some of the largest U.S. candy and snack brands, the companies announced Tuesday. The M&M owner Mars is acquiring the Kellogg ...