EU scrutinizes Mars' $36B Kellanova acquisition amid concerns over market impact
TL;DR Summary
The European Union has launched an antitrust investigation into Mars' $35.9 billion acquisition of Kellanova, the maker of Pringles, due to concerns that the deal could increase Mars' market power and lead to higher prices for consumers across the EU. The investigation will assess the impact on product prices, with a decision expected by October 31.
- Mars' acquisition of Pringles' maker triggers EU alarms DW
- Mars’s $30 Billion Takeover of Kellanova Comes Under In-Depth EU Investigation WSJ
- US FTC says Mars' $36 billion Kellanova deal is not anticompetitive Reuters
- Mars' $36 billion Kellanova deal may lead to price hikes, EU regulators warn Yahoo Finance
- Mars $36 Billion Kellanova Deal Waved Ahead by US Regulator Bloomberg
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