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.
26 Articles
26 Articles
Snack stars are aligning as the FTC clears the $36 billion Mars-Kellanova merger for launch
Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators. The U.S. Federal Trade Commission announced late Wednesday that after nearly a year of investigation, it determined that a merger between Mars and Kellanova wouldn’t threaten competition in the market. Kellanova shares were up nearly 1% in morning trading. Mars is privately held. McLean, Virginia-based Mars makes sweet snacks…

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.
Mars, Kellanova merger approved by FTC, but faces hurdles in the E.U. - Food In Canada
The U.S. Federal Trade Commission (FTC) concludes its antitrust review of Mars’ pending acquisition of Kellanova and clears the merger. However, the acquisition is delayed, as the European Commission opens an antitrust investigation. “The Commission cares deeply about any competition concerns that affect American consumers, including in food products,” said Daniel Guarnera, director of the Bureau of Competition, U.S. “Commission staff closely re…
60 billion dollar merger one step closer - FMCG Business
Mars and Kellanova have announced that the U.S. Federal Trade Commission (FTC) has completed its antitrust review of Mars’ proposed acquisition of Kellanova, with no conditions or remedies imposed. In August last year, Mars announced they entered into an agreement to acquire Kellanova for USD $83.50 per share in cash, totalling USD $35.9 billion (approx. NZ$60 billion). The deal will bring together some of the world’s largest confectionery and s…
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