Mergers and acquisitions, Food & drink industry, Business, US news, World news, Regulators Business | The Guardian
All-cash offer would dwarf 2008 takeover of Wrigley by Mars but could face scrutiny from watchdogsMars, the chocolate to pet food group, has reportedly struck a $30bn (£23.4bn) deal to buy Kellanova, the maker of Pringles and Pop-Tarts.The all-cash offer, which is expected to be announced later on Wednesday, would be the biggest ever acquisition for the privately owned Mars, dwarfing its $23bn takeover of the chewing gum maker Wrigley in 2008. Continue reading…
All-cash offer would dwarf 2008 takeover of Wrigley by Mars but could face scrutiny from watchdogs
Mars, the chocolate to pet food group, has reportedly struck a $30bn (£23.4bn) deal to buy Kellanova, the maker of Pringles and Pop-Tarts.
The all-cash offer, which is expected to be announced later on Wednesday, would be the biggest ever acquisition for the privately owned Mars, dwarfing its $23bn takeover of the chewing gum maker Wrigley in 2008.
