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1. investorplace.com › 2024 › 08Mars Announces Kellanova Deal: What This Means for K Stock

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   Aug 14, 2024 · Privately held Mars is buying Kellanova (NYSE: K), the snacks division of cereal giant Kellogg’s.The stock will be bought for $83.50 per share.. Before the announcement, K stock was selling for ...

2. finance.yahoo.com › news › mars-takes-full-ownershipMars takes full ownership of Kellanova in $36bn takeover deal

   finance.yahoo.com › news › mars-takes-full-ownership

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   Aug 14, 2024 · Privately-owned Mars has struck for $83.50 a share for a total consideration for the Pringles and Cheez-It brand owner of $35.9bn, more than the speculated price tag of around $30bn. The Kellanova ...

3. Videos

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     WATCH: Mars is buying Kellanova for $36 billion.

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     Mars nearing deal to acquire Kellanova

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     Mars to buy Pringles-maker Kellanova in $36 billion deal

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4. finance.yahoo.com › news › mars-acquire-kellanovaMars to Acquire Kellanova - Yahoo Finance

   finance.yahoo.com › news › mars-acquire-kellanova

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   Aug 14, 2024 · MCLEAN, Va. & CHICAGO, August 14, 2024--Mars, Incorporated, a family-owned, global leader in pet care, snacking and food, and Kellanova (NYSE: K), a leading company in global snacking ...

5. investor.kellanova.com › news-events › news-detailsKellanova - Mars to Acquire Kellanova

   investor.kellanova.com › news-events › news-details

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   Aug 14, 2024 · Kellanova will also become part of the Mars Net Zero commitment and align with the Mars Responsible Marketing code. Transaction Details. Under the terms of the agreement, Mars will acquire all outstanding equity of Kellanova for $83.50 per share in cash, representing a total enterprise value of $35.9 billion.

6. www.mars.com › news-and-stories › press-releasesMars to acquire the Kellanova family of snack food brands ...

   www.mars.com › news-and-stories › press-releases

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   Aug 14, 2024 · Under the terms of the agreement, Mars will acquire all outstanding equity of Kellanova for $83.50 per share in cash, representing a total enterprise value of $35.9 billion. All of Kellanova’s brands, assets and operations, including its snacking brands, portfolio of international cereal and noodles, North American plant-based foods and frozen breakfast are included in the transaction.

7. www.cnn.com › 2024/08/14 › businessMars buys Kellanova, maker of Cheez-It and Pringles | CNN ...

   www.cnn.com › 2024/08/14 › business

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   Aug 14, 2024 · Kellanova said in a regulatory filing that its shareholders would receive $83.50 per share in cash, a 33% premium to the stock’s closing price on August 2, before Reuters first reported news of ...

8. People also ask

   How much will Mars buy kellanova?

   • Transaction Details Under the terms of the agreement, Mars will acquire all outstanding equity of Kellanova for $83.50 per share in cash, representing a total enterprise value of $35.9 billion.

   Kellanova - Mars to Acquire Kellanova

   investor.kellanova.com/news-events/news-details/2024/Mars-to-Acquire-Kellanova-de7e19f9d/default.aspx

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   Will kellanova become part of Mars snacking?

   • Upon completion of the transaction, Kellanova will become part of Mars Snacking, led by Global President Andrew Clarke and headquartered in Chicago, allowing Mars to bring even more beloved brands to more consumers globally.

   Mars to Acquire Kellanova

   www.mars.com/news-and-stories/press-releases-statements/mars-acquisition-august-2024

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   Who financed kellanova & Mars?

   • Mars intends to finance the deal through cash and a debt financing commitment of $29 billion from JPMorgan Chase and Citi. Citi and law firm Skadden, Arps, Slate, Meagher & Flom advised Mars. Goldman Sachs and Kirkland & Ellis advised Kellanova, while investment bank Lazard advised Kellanova's board of directors.

   Mars to buy Pringles maker Kellanova for $36 billion in 2024's biggest d…

   finance.yahoo.com/news/snickers-maker-mars-pay-83-024158621.html

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   How much is kellanova stock worth?

   • Before the announcement, K stock was selling for $74.50 per share. It was about $80 before the market opened today. CNN said the all-cash deal was worth $29.5 billion, but The New York Times said it was worth $35.9 billion. The difference is mainly due to the $5 billion in long-term debt Kellanova had on its balance sheet at the end of June.

   Mars Announces Kellanova Deal: What This Means for K Stock

   investorplace.com/2024/08/mars-announces-kellanova-deal-what-this-means-for-k-stock/

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   How much money will kellanova shareholders receive?

   • Kellanova shareholders to receive $83.50 per share in cash Strong cultural fit, bringing together two values-based and purpose-led businesses MCLEAN, Va. & CHICAGO, August 14, 2024 BUSINESS WIRE 1 Poul Weihrauch, CEO and Office of the President of Mars, Incorporated

   Mars to Acquire Kellanova - Yahoo Finance

   finance.yahoo.com/news/mars-acquire-kellanova-110000043.html

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   Why has kellanova (K) stock soared 28% in pre-market trading?

   • Shares in Kellanova (K) — created when Kellogg Company separated its snacks and cereal businesses last year — were up almost 8% in pre-market trading. The stock has surged some 28% so far this month, on better-than-expected earnings and after news of deal talks surfaced.

   Mars buys Kellanova, maker of Cheez-It and Pringles | CNN

   www.cnn.com/2024/08/14/business/mars-buys-kellanova/index.html

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9. finance.yahoo.com › news › snickers-maker-mars-payMars to buy Pringles maker Kellanova for $36 billion in 2024 ...

   finance.yahoo.com › news › snickers-maker-mars-pay

   Aug 14, 2024 · Mars said on Wednesday it will pay $83.50 per share for Kellanova, representing about a 33% premium to its closing price on Aug. 2 before Reuters first reported that Mars was exploring a deal for ...

   • Video Duration: 178 min

   • Author: Anirban Sen, Savyata Mishra, Jessica DiNapoli,Abigail Summerville