News

EU antitrust regulators paused their investigation into candy maker Mars' $36 billion bid for Pringles maker Kellanova on ...
The European Commission has paused its investigation into Mars' $36 billion purchase of Kellanova (NYSE:K), according to a posting on the regulator's website. The pause comes after the EC last month ...
Meanwhile, the other half of the Kellogg spin-off – WK Kellogg – is in the midst of a $3.1bn takeover by another European ...
The European Commission, fearing consolidation in snacks, asks the two parties for more information; U.S. FTC has already approved the $36 billion deal.
Kellanova (NYSE:K) shares fell slightly in premarket trading Thursday after the company reported second-quarter earnings that ...
Cheez-It maker Kellanova missed Q2 EPS estimates as profit margins narrowed, while sales edged past expectations ahead of its ...
With a new $240m Nature’s Bakery plant opening in Utah and a $36bn Kellanova deal underway, Mars is laying the groundwork for ...
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 ...
In connection with the Consent Solicitation in respect of each Existing Kellanova Indenture, Mars is offering, subject to the satisfaction or waiver of the conditions of such Consent Solicitation ...
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.
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.
The largest private company based in Greater Washington plans to pour $2 billion into its U.S. manufacturing through the end ...