Mars agrees $36bn deal to buy Pringles maker Kellanova
by Sarah Butler from World news | The Guardian on (#6PZ6F)
All-cash offer dwarfs 2008 takeover of Wrigley by Mars but could face scrutiny from watchdogs
Mars, the chocolate to pet food group, has struck a $36bn (28bn) deal to buy Kellanova, the maker of Pringles and Pop-Tarts.
The all-cash offer, announced on Wednesday, is the biggest ever acquisition for the privately owned Mars, dwarfing its $23bn takeover of the chewing gum maker Wrigley in 2008.
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