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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 ...
Mars has agreed to buy Kellanova in a deal that values the maker of Cheez-It and Pringles at almost $29 billion. Kellanova said in a regulatory filing that its shareholders would receive $83.50 ...
Kellanova (NYSE:K) shares are trading higher on Wednesday after Mars, Inc. agreed to acquire the company for $83.50 per share, valuing it at $35.9 billion, including assumed net leverage. The ...
Kellogg's brand logo used by both Kellanova and WK Kellogg Co, formerly used as a corporate logo until 2023. Former Kellogg's Café, Union Square (Manhattan) Kellanova, formerly known as the Kellogg Company and commonly known as Kellogg's, is an American multinational food manufacturing company headquartered in Chicago, Illinois, US.
Mars, Incorporated (doing business as Mars Inc.) is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services founded on June 23, 1911, headquartered in McLean, Virginia, [7] and is entirely owned by the Mars family. [8]
The company's snack food business, including Cheez-It, became part of the renamed Kellanova. [6] [7] On August 14, 2024, Kellanova announced Mars Inc., has entered into an agreement to acquire the Kellanova brand. The deal is anticipated to close early in 2025.
Mars will buy Kellanova in a deal worth nearly $36 billion. The transaction is expected to close during the first half of 2025. The deal will bring Mars, the maker of Skittles and M&Ms, a ...
The brand was sold in 2012 to Kellanova, but in 2024 Kellanova, Kellogg's parent company agreed to be purchased by Mars Inc. As of 2011, Pringles were sold in more than 140 countries. [1] In 2012, Pringles were the fourth most popular snack brand after Lay's, Doritos, and Cheetos (all manufactured by Frito-Lay), with 2.2% market share globally.