6/26/2025

The EU has until the end of October to make a decision on the proposed $36bn deal.

Source: Yahoo

6/26/2025

Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators. The U.S. Federal Trade Commission announced late Wednesday that after nearly a year of investigation, it determined that a merger between Mars and Kellanova wouldn’t threaten competition in the market. Mars is privately held.

Source: Yahoo

6/26/2025

Copyright © BusinessAMBE 2023Key takeawaysThe $36 billion acquisition of Kellanova by Mars is being investigated by the EU.The European Commission is examining potential price increases...

Source: Finnhub

6/26/2025

MCLEAN, Va. & CHICAGO-Mars, Incorporated, a family-owned, global leader in pet care, snacking and food, and Kellanova , a leader in global snacking, international cereal and noodles and North America...

Source: Finnhub

6/26/2025

The following bids, mergers,acquisitions and disposals were reported by 0930 GMT onThursday: ** CarUX, a smart cockpit solutions provider and asubsidiary of Taiwan's...

Source: Finnhub

6/26/2025

Mars has secured US antitrust approval for its $36 billion acquisition of Pringles maker Kellanova, clearing a key regulatory hurdle. The Federal Trade Commission said the merger did not meet the...

Source: Finnhub

6/26/2025

The European Union said Wednesday that it had opened an antitrust investigation into Mars's multibillion-dollar acquisition of the snack food business Kellanova over concerns it would lead to higher prices for consumers.At the time, Mars, which is also headquartered in the United States, said the acquisition would bring two new billion-dollar brands, Pringles and Cheez-It, into its snacks portfolio.

Source: Yahoo

6/26/2025

MCLEAN, Va. & CHICAGO, June 26, 2025--Mars, Incorporated, a family-owned, global leader in pet care, snacking and food, and Kellanova (NYSE: K), a leader in global snacking, international cereal and noodles and North America frozen foods, today announced that the U.S. Federal Trade Commission (FTC) has concluded its antitrust review of Mars’ pending acquisition of Kellanova.

Source: Yahoo

6/25/2025

The U.S. Federal Trade Commission said on Wednesday that candy giant Mars' proposed $36 billion takeover of Pringles maker Kellanova did not meet the standard for an anticompetitive merger and that the regulator was ending its review of the deal. "Our job is to determine whether there is a violation of American law that we can prove in court. And once we've concluded there is not, our job is to get out of the way," Bureau of Competition Director Daniel Guarnera said in an FTC statement announcing the early termination of the investigation.

Source: Yahoo

6/25/2025

The European Union said it would launch an in-depth investigation into Mars’s bid to take over Pringles seller Kellanova escalating its probe into the nearly $30 billion deal amid concerns it could stifle competition. The European Commission, the EU’s executive arm, said on Wednesday that both companies have strong market positions in multiple sectors and countries, with brands that are considered a “must have” for consumers. Privately-held Mars agreed to buy Kellanova in an all-cash deal last August as part of a plan to build out its snacks business—which includes M&M’s, Twix and Skittles—with Kellanova’s portfolio of products such as Pop-Tarts and Cheez-Its.

Source: Yahoo

6/25/2025

BRUSSELS (Reuters) -Candy maker Mars' takeover of Pringles maker Kellanova was cleared by U.S. antitrust regulators on Wednesday, but their EU counterparts opened a full-scale investigation into the $36 billion deal, saying it could lead to price hikes. President Donald Trump's antitrust enforcers, including Federal Trade Commission Chairman Andrew Ferguson, have said they will not hesitate to block deals that harm competition in ways that hurt consumers, but also vowed not to stop deals that do not pose such concerns. The deal did not meet the standard for an anticompetitive merger, the FTC said.

Source: Yahoo

6/25/2025

The merger is now expected to close late this year as regulators look into how the deal could impact Mars’ bargaining power with retailers and prices for consumers.

Source: Yahoo

6/25/2025

Candy maker Mars' takeoverof Pringles maker Kellanova could lead to price hikesbecause it will boost Mars' negotiating power with retailers, EUantitrust regulators warned on Wednesday as they...

Source: Finnhub

6/25/2025

BRUSSELS -EU antitrust regulators opened on Wednesday a full-scale investigation into candy maker Mars' $36 billion takeover of Pringles maker Kellanova, saying the deal may hurt competition. ...

Source: Finnhub

6/25/2025

EU antitrust regulatorsopened on Wednesday a full-scale investigation into candy makerMars' $36 billion takeover of Pringles maker Kellanova,saying the deal may hurt competition. The...

Source: Finnhub

6/23/2025

Kellanova has outperformed the S&P 500 over the past year, but analysts are cautious about the stock’s prospects.

Source: Yahoo

6/23/2025

Stock index futures in green after U.S. strikes sites in Iran. Walmart-backed PhonePe reportedly seeking $1.5 billion in IPO. Texas governor signs law mandating warnings on certain foods.

Source: SeekingAlpha

6/21/2025

MOSCOW -Belarusian president Alexander Lukashenko met with U.S. special envoy Keith Kellogg, Belarusian state news agency Belta reported on Saturday. Lukashenko discussed with Kellogg...

Source: Finnhub

6/20/2025

General Mills offers a safe, attractive dividend and stability, but faces headwinds from declining sales and shifting consumer preferences. Read more on GIS stock.

Source: SeekingAlpha

6/19/2025

An 18 June deadline has now passed for Mars to assuage EU competition concerns, raising speculation over the regulator’s next course of action.

Source: Yahoo