Chocolate giant Mars in $29B deal to buy Kellanova, maker of Pringles
Chocolate giant Mars said it would buy rival snack company Keranova for about $30 billion, the largest acquisition ever in the packaged food industry. The privately held company, which makes popular chocolate bars such as Snickers, M&Ms and Milky Way, said it had agreed to buy Keranova in cash for $83.50 per share, or a […]
M&M Owner Mars To Acquire Snack Maker Kellanova In Massive $36B Deal
(Photo by Stephen Charnin/Getty Images) By James Myers, OAN StaffWednesday, August 14, 2024 9:48 AM Candy company Mars is buying Keranova for $36 billion, combining some of the biggest candy and snack brands in the U.S., the companies announced Tuesday. advertisement M&M’s parent company Mars will acquire the Kellogg spinoff for $83.50 per share, according […]