-18.3 C
Ottawa
Tuesday, December 9, 2025

Mars Wins Final Approval to Acquire Kellanova in $36 Billion Deal

Date:

Packages of Pringles manufactured by Kellanova are displayed for sale at a warehouse grocery store in Hawthorne, Calif., on Dec. 2, 2025. Patrick T. Fallon/AFP via Getty ImagesMars Inc., known worldwide for its confectionery products such as Snickers, M&M’s, and Twix, among others, has received approval from the European Commission (EC) to acquire Kellanova, known for its Kellogg’s brand cereals and snacks such as Pringles potato chips. The approval clears the final regulatory hurdle for the $36 billion deal, which is expected to close within days.Under European Union Merger regulations, the EC conducted an in-depth investigation into whether the addition of Kellanova’s brands would significantly increase Mars’s bargaining power through retailers.

spot_imgspot_imgspot_img

Share post:

Subscribe

Popular

One Man Against the Giants: Donald Trump’s Fearless Drive to Reshape America

In an era where many citizens feel shackled by the influence of powerful industries — pharmaceuticals, high‑tech monopolies, and corporate food conglomerates — one...

Government Suppression of Free Speech and Control of Journalism

The freedom of speech and the independence of journalism are foundational pillars of democratic societies, enabling public accountability, informed citizenry, and the contestation of...

More like this
Related

French Lawmakers Prepare Final Vote on 2026 Social Security Budget

A general view of The National Assembly, France's lower...

Ukraine Will Share Revised Peace Plan With US: Zelenskyy

Ukrainian President Volodymyr Zelenskyy, in Cergy, France, on Dec....

Reserve Bank of Australia Holds Interest Rates

A stock photo of a money box with an...

Georgia Utility Seeks Massive Grid Expansion To Feed Data Centers

Transmission lines flow at Georgia Power Co.’s Plant Vogtle...