onlyTrustedInfo.comonlyTrustedInfo.comonlyTrustedInfo.com
Notification
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Reading: Pringles maker Kellanova’s shares rise after US regulators approve its proposed merger with Mars
Share
onlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Search
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
  • Advertise
  • Advertise
© 2025 OnlyTrustedInfo.com . All Rights Reserved.
Finance

Pringles maker Kellanova’s shares rise after US regulators approve its proposed merger with Mars

Last updated: June 26, 2025 5:09 pm
Oliver James
Share
2 Min Read
Pringles maker Kellanova’s shares rise after US regulators approve its proposed merger with Mars
SHARE

Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators.

The U.S. Federal Trade Commission announced late Wednesday that after nearly a year of investigation, it determined that a merger between Mars and Kellanova wouldn’t threaten competition in the market.

Kellanova shares were up nearly 1% in morning trading. Mars is privately held.

McLean, Virginia-based Mars makes sweet snacks like M&M’s, Snickers and Skittles as well as Ben’s Original rice and pet food. Chicago-based Kellanova, which was created in 2023 when the Kellogg Co. split into two companies, owns brands including Cheez-its, Pringles, Eggo, Town House, MorningStar Farms and Rice Krispies Treats.

Last August, Mars announced its intention to buy Kellanova for $35.9 billion. It said the deal would help it broaden its snacking portfolio and expand globally. Around 50% of Kellanova’s net sales come from outside the U.S. and Canada.

Mars President and CEO Poul Weihrauch said that with the FTC’s decision, the proposed merger has now cleared all but one of the 28 regulatory approvals it sought. An antitrust review by the European Commission remains outstanding.

“This brings us one step closer to uniting two iconic businesses with complementary footprints and portfolios, allowing us to deliver more choice and innovation to consumers,” Weihrauch said in a statement.

Mars and Kellanova said they expect the deal to close towards the end of this year, pending the European review.

You Might Also Like

Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy

Nvidia’s AI-powered rise to a $4 trillion market cap, in 3 charts

Why Krispy Kreme Plunged 24% This Week

Knoxville family says their rat-infested rental is riddled with serious issues — and the landlord blames them

Continuing jobless claims reach highest level since November 2021, initial claims hover at 8-month high

Share This Article
Facebook X Copy Link Print
Share
Previous Article Woman ‘Started Screaming’ After M Lottery Prize Win: ‘My Daughter Thought Something Bad Had Happened’ Woman ‘Started Screaming’ After $1M Lottery Prize Win: ‘My Daughter Thought Something Bad Had Happened’
Next Article George Pickens backs out of hosting his own youth football camp George Pickens backs out of hosting his own youth football camp

Latest News

OneRepublic founding member Tim Myers is running for California lieutenant governor
OneRepublic founding member Tim Myers is running for California lieutenant governor
Entertainment July 9, 2025
Bianca Censori Goes Braless in Sheer Top and Tiny Shorts in Los Angeles
Bianca Censori Goes Braless in Sheer Top and Tiny Shorts in Los Angeles
Entertainment July 9, 2025
Beloved Actor, 77, Looks Unrecognizable 50 Years After Starring in ’70s Classic Film
Beloved Actor, 77, Looks Unrecognizable 50 Years After Starring in ’70s Classic Film
Entertainment July 9, 2025
Kendall Jenner, 29, Makes Post Featuring Topless Photo — Her Sisters React
Kendall Jenner, 29, Makes Post Featuring Topless Photo — Her Sisters React
Entertainment July 9, 2025
//
  • About Us
  • Contact US
  • Privacy Policy
onlyTrustedInfo.comonlyTrustedInfo.com
© 2025 OnlyTrustedInfo.com . All Rights Reserved.