All-cash offer would dwarf 2008 takeover of Wrigley by Mars but could face scrutiny from watchdogs
Mars, the chocolate to pet food group, has reportedly struck a $30bn (£23.4bn) deal to buy Kellanova, the maker of Pringles and Pop-Tarts.
The all-cash offer, which is expected to be announced later on Wednesday, would be the biggest ever acquisition for the privately owned Mars, dwarfing its $23bn takeover of the chewing gum maker Wrigley in 2008.
More Stories
Ripe for the picking? Irish wine on the up – but ‘nobody will retire rich’
Elon Musk says all human data for AI training ‘exhausted’
Bezos’s Blue Origin schedules, then delays first orbital launch