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Pringles Maker Kellanova's Shares Rise After US Regulators Approve Its Proposed Merger with Mars

  • The U.S. Federal Trade Commission cleared Mars' $36 billion acquisition of Kellanova on June 26, 2025, concluding a nearly year-long antitrust review.
  • Mars announced last August its plan to buy Kellanova for $35.9 billion, with the deal pending the European Commission’s ongoing antitrust investigation over competition concerns.
  • The European Commission opened an in-depth investigation the same day, examining potential price increases for consumers due to Mars' stronger negotiating power in the EEA market.
  • Mars CEO Poul Weihrauch stated that the FTC's ruling advances their progress toward merging two well-established companies with diverse yet aligned strengths, enabling them to offer consumers increased options and innovation.
  • Mars and Kellanova expect to close the merger by late 2025, pending European approval and customary closing conditions.
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Pringles maker Kellanova's shares rise after US regulators approve its proposed merger with Mars

Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators. The U.S.

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Business Times broke the news in on Thursday, June 26, 2025.
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