Mars to Acquire Kellanova in Nearly $36 Billion Deal, Reshaping Snack Industry
In a landmark move that could significantly reshape the snack industry, Mars, Inc. has announced its intention to acquire Kellanova, the parent company behind beloved snacks such as Cheez-It, Pringles, and a variety of international cereals and noodles. The acquisition, valued at approximately $36 billion, comes with a hefty acquisition multiple of 16.4 times Kellanova’s […]
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