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1. www.mars.com › en-be › news-and-storiesMars to acquire the Kellanova family of snack food brands ...

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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 ...

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

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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. 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 · London CNN —. Mars has agreed to buy Kellanova in a deal that values the maker of Cheez-It and Pringles at almost $29 billion. Kellanova said in a regulatory filing that its shareholders would ...

4. www.foodandwine.com › mars-kellanova-acquisitionHere’s What the $36 Billion Mars-Kellanova Deal Means for You

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   Aug 16, 2024 · The deal was valued at $35.9 billion and in effect creates another king-sized food company with worldwide reach. Combined, they have $63 billion in revenue — $13 billion for Kellanova and $50 ...

5. www.bloomberg.com › news › articlesMars Locks In Biggest Bridge Loan of Year for Kellanova Buy

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   Aug 14, 2024 · Get in Touch. Mars Inc. has lined up the biggest blue-chip debt financing for a merger and acquisition in nearly a year to help finance its $36 billion purchase of Kellanova. The packaged food ...

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6. www.ft.com › content › d285bbd7-3aaa-411f-960b-dc9f7Mars strikes $36bn deal to buy Pringles maker Kellanova

   www.ft.com › content › d285bbd7-3aaa-411f-960b-dc9f7

   Aug 14, 2024 · Mars, the confectionery, food and petcare giant, has reached an agreement to acquire Pringles and Pop-Tarts maker Kellanova for a total consideration of $35.9bn, marking one of the largest deals ...

7. People also ask

   Did Mars finance kellanova?

   • CareersMade in NYCAdvertise Ad Choices Help©2024Bloomberg L.P. All Rights Reserved. Mars Inc. has lined up the biggest blue-chip debt financing for a merger and acquisition in nearly a year to help finance its $36 billion purchase of Kellanova.

   Mars Locks In Biggest Bridge Loan of Year for Kellanova Buy

   www.bloomberg.com/news/articles/2024-08-14/mars-locks-in-biggest-bridge-loan-of-year-for-kellanova-buy

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   Will Mars buy kellanova?

   • Mars, the owner of brands such as Snickers and Kevin’s Natural Foods, said it will finance the transaction through a combination of cash on-hand and new debt, commitments for which have been made. Kellanova’s shareholders still need to approve the deal, which is expected to close in the first half of 2025 once regulatory approvals are secured.

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

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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

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   Will kellanova take over Mars snacking?

   • Clarke added: “This is an exciting opportunity to create a broader, global snacking business, allowing Kellanova and Mars Snacking to both achieve their full potential.” "Mars takes full ownership of Kellanova in $36bn takeover deal" was originally created and published by , a GlobalData owned brand.

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

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   Who are Mars & kellanova?

   • Both Mars and Kellanova have portfolios of some of the world’s most iconic brands, all of which have been nurtured and grown by world-class talent with deep expertise.

   Mars to Acquire Kellanova - Yahoo Finance

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   How much money does kellanova make a year?

   • Combined, they have $63 billion in revenue — $13 billion for Kellanova and $50 billion for Mars. But in food alone, they’re hardly behemoths, trailing companies like Switzerland-based Nestle, whose brands include Nesquik and Häagen Dazs, and American player PepsiCo, which owns Frito-Lay.

   Here’s What the $36 Billion Mars-Kellanova Deal Means for You

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

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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 ...