Mars, whose brands include M&M’s, Snickers and Skittles, is to buy food giant Kellanova for $35.9bn (£27.9bn), it has been confirmed. Kellanova, which was created when the Kellogg Co, which was formed in 1906, split into three companies, and owns brands such as Pringles, Cheez-Its and Pop-Tarts. In a statement, Mars Inc said it will [...]
Full ArticleMars to gobble up Pringles owner Kellanova in £28bn deal
City A.M.
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Mars gobbles up maker of Corn Flakes and Pringles for £28bn
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Food giant Mars has announced it is buying snacks and cereal company Kellanova in a deal worth $36bn (£28bn).