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1. 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 ...

2. 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 ...

3. 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 · McLean, Virginia, and Chicago, Illinois, USA (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, international cereal and noodles, North American plant-based foods and frozen breakfast foods, today announced that they have entered into a definitive agreement under which Mars has ...

4. markets.businessinsider.com › news › stocksMars Announces Kellanova Deal: What This Means for K Stock

   markets.businessinsider.com › news › stocks

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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 ...

   • Author: Dana Blankenhorn

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 · MCLEAN, Va. & CHICAGO--(BUSINESS WIRE)-- Mars, Incorporated, a family-owned, global leader in pet care, snacking and food, and Kellanova (NYSE: K), a leading company in global snacking, international cereal and noodles, North American plant-based foods and frozen breakfast foods, today announced that they have entered into a definitive agreement under which Mars has agreed to acquire Kellanova ...

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     Mars acquires snack maker Kellanova in $36 billion deal | REUTERS

     Aug 14, 2024

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     Mars agrees to acquire Kellanova

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     Mars reportedly nabs Kellanova for $30B

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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. seekingalpha.com › news › 4139548-candy-maker-marsCandy maker-Mars strikes deal to buy Kellanova for $30B ...

   seekingalpha.com › news › 4139548-candy-maker-mars

   Aug 14, 2024 · Candy-giant Mars to acquire snack company Kellanova (NYSE: K) in a deal valued close to $30B, Reuters reported, citing a person familiar with the matter. The acquisition price is reported to be ...

9. People also ask

   Did Mars buy kellanova?

   • Mars is expanding its snacking business with the agreement to acquire Kellanova, a leading global snacking company home to beloved brands like Pringles®, Cheez-It®, Pop-Tarts®, Rice Krispies Treats®, NutriGrain® and RXBAR®.

   Mars to Acquire Kellanova

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

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   How much money does Mars make a year compared to kellanova?

   • Mars also has ten pet-care brands in its portfolio, including food, providing circa $1bn in annual sales, the company said. Meanwhile, Kellanova reported $13.1bn in fiscal 2023 revenue, bearing in mind the intricacies of the spin-off from Kellogg.

   Mars takes full ownership of Kellanova in $36bn takeover deal

   finance.yahoo.com/news/mars-takes-full-ownership-kellanova-115718793.html

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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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   Where are kellanova & Mars based?

   • The break, announced in June 2022, was designed to separate out faster-growing snack brands like Cheez-Its, Pringle’s and Eggo. After the split, Kellanova maintained dual offices in Chicago and Kellogg’s traditional home of Battle Creek, Michigan. Mars is based in McLean, Virginia.

   Mars Announces Kellanova Deal: What This Means for K Stock

   markets.businessinsider.com/news/stocks/mars-announces-kellanova-deal-what-this-means-for-k-stock-1033688345

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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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   Why should you choose kellanova & Mars?

   • Kellanova and Mars share long histories of building globally recognized and beloved brands. The Kellanova brands significantly expand our Snacking platform, allowing us to even more effectively meet consumer needs and drive profitable business growth.

   Mars to Acquire Kellanova

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

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