Mars to buy Pringles maker Kellanova for $36 bln in 2024's biggest deal


Published: 4 months ago

Reading time: 3 minutes

Family-owned candy giant Mars is buying Cheez-It maker Kellanova in a nearly $36 billion deal, bringing together brands from M&M's and Snickers to Pringles and Pop-Tarts in the year's biggest deal to date.

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Reporting by Mrinmay Dey, Aishwarya Venugopal and Savyata Mishra in Bengaluru and Anirban Sen in New York; Editing by Sherry Jacob-Phillips, Arun Koyyur and Nick Zieminski

Our Standards: The Thomson Reuters Trust Principles.

Anirban Sen is the Editor in Charge for U.S. M&A at Reuters in New York, where he leads the coverage of the biggest deals. After starting with Reuters in Bangalore in 2009, Anirban left in 2013 to work as a technology deals reporter in several leading business news outlets in India, including The Economic Times and Mint. Anirban rejoined Reuters in 2019 as Editor in Charge, Finance to lead a team of reporters, covering everything from investment banking to venture capital. Anirban holds a history degree from Jadavpur University and a post-graduate diploma in journalism from the Indian Institute of Journalism & New Media.

Aishwarya Venugopal is a New York-based reporter covering U.S. consumer products and the companies that make them, and the role they play in the economy. Previously reported on corporate boards and distressed companies. Her work has included high-impact stories on CEO pay, Wall Street bubbles and retail bankruptcies.

Savyata Mishra is a reporter based in Bengaluru.

Mrinmay Dey is a reporter based in Bengaluru.

Sherry Jacob-Phillips is a senior editor based in Bengaluru.

Arun Koyyur is a senior editor based in Bengaluru.

Nick Zieminski is a senior editor based in New York.


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