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Mars-Kellanova merger: Commission rumoured to be nearing approval
Summary by foodnavigator.com
2 Articles
2 Articles
Mars-Kellanova merger: Commission rumoured to be nearing approval
The European Commission is reportedly set to clear Mars’ $35.9bn acquisition of Kellanova without requiring remedies, as regulators struggle to justify initial competition concerns. The deal, already approved in the US, would significantly expand Mars’ dominance in the snacking sector.
The European Commission, which warned in June that the deal could lead to price increases, has not found sufficient legal grounds to demand concessions, sources said.
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Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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