The planned acquisition of Kellanova by candy giant Mars is facing problems again: the European Commission has suspended its investigation, making a definitive approval before October uncertain.
Crucial information is missing
The American family-owned company Mars wants to acquire the publicly traded snack manufacturer Kellanova, known for popular brands like Pringles, Cheez-It, and Pop-Tarts, for nearly 36 billion dollars (32 billion euros). It will be the largest acquisition deal in the past ten years in the food sector. However, the deal is not yet finalized.
