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
Kenya tells tea factories to cut ties with Rainforest Alliance due to costs
Trump tariffs could wipe out European steel sector, senior industry figure says
The Trump-Musk feud shows danger of handing the keys of power to one person