Search results
Results From The WOW.Com Content Network
Kellanova (NYSE:K) shares are trading higher on Wednesday after Mars, Inc. agreed to acquire the company for $83.50 per share, valuing it at $35.9 billion, including assumed net leverage. The ...
The stock has surged some 28% so far this month, on better-than-expected earnings and after news of deal talks surfaced. Kellanova, which also makes Pop-Tarts, Eggo, and MorningStar Farms vegan ...
Mars will acquire Kellanova for $35.9 billion in cash, tying together some of the largest U.S. candy and snack brands, the companies announced Tuesday.. The M&M owner Mars is acquiring the Kellogg ...
The WK Kellogg Co took the NYSE stock symbol "KLG". [44] The split was completed on October 2, 2023. [45] [46] On August 14, 2024, it was announced that Mars Inc., the owner of M&M's and Snickers, agreed to purchase Kellanova for nearly $30 billion. The deal is expected to close in the first half of 2025. [47]
Cheez-It is a brand of cheese crackers manufactured by Kellanova through its Sunshine Biscuits division. Approximately 26 by 24 mm (1.0 by 0.94 in), the rectangular crackers are made with wheat flour , vegetable oil , cheese , skim milk , salt , and spices .
Mars will pay $83.50 per share in an all-cash deal for Kellanova, representing about 33% premium to Kellanova's close on Aug. 2, before Reuters first reported that Mars was exploring a deal for ...
Mars, Incorporated (doing business as Mars Inc.) is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services, with US$45 billion in annual sales in 2022; [7] that year Forbes ranked the company as the fourth-largest privately held company in the United States. [8]
Kellogg says the Kellanova name is meant to tie back to the heritage of the company while also signaling a new era of growth in a still-surging snacks industry. Shares of Kellanova fell 7% on the ...