Mars to acquire Pringles’ Kellanova for $36 bn

As per media reports, Mars will pay $83.50 per share  

e4m by e4m Desk
Published: Aug 16, 2024 11:59 AM  | 1 min read
Google News Icon Follow Us
Mars Pringles
  • e4m Twitter

Mars is reportedly acquiring Kellanova for nearly $36 billion deal.

As per media reports, Mars will pay $83.50 per share for Kellanova.

Earlier reports said Mars was considering a deal for the maker of Morningstar Farms and Eggo.

The combined company aims to hold prices steady, Mars CEO Poul Weihrauch was quoted in an interview with a news agency.

Other reports said this was an all-cash transaction.

The two companies aim to meet the demand in markets like Africa and Latin America.

Read more news about Announcements, Internet Advertising, Marketing, Digital Media, Television Media

For more updates, be socially connected with us on
Instagram, LinkedIn, Twitter, Facebook Youtube, Whatsapp & Google News

Published On: Aug 16, 2024 11:59 AM 
Tags Mars Pringles

Featured

Latest