Mars to Buy Kellanova: A $36 Billion Snack Empire?
Update: 2025-10-07
Description
Mars is poised to acquire Kellanova for $36 billion, potentially reshaping the snack market landscape. The deal, already approved in the U.S., faced scrutiny in Europe over competition concerns, but is now expected to gain EU approval by December 19. If finalized, Mars will control 12% of the U.S. snack market, impacting pricing and retailer negotiations.
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