Mars Buying Pringles, Cheez-It Maker Kellanova For Nearly $36 Billion
KKellogg(K) Forbes·2024-08-14 21:00

ToplineMars, the candy giant whose brands include M&M’s and Skittles, will buy Kellanova—makers of snacks like Pringles and Cheez-It—in a deal valued at 35.9 billion, both companies announced Wednesday, a transaction that would reportedly be the largest in the packaged food industry in over a decade.Mars’ brands, which include M&M’s and Skittles, add on snacks from Kellanova like Eggo, Pringles and ... [+] Cheez-It.Associated Press Key FactsMars will pay 83.50 per share for Kellanova in an all-cash deal, ...