Kellanova-Mars Merger Probe Gets Resumed by European Commission

MT Newswires Live

2025/09/17

The European Commission is resuming a probe into Mars' proposed acquisition of Kellanova (K), with a decision deadline set for Dec. 19, according to a Wednesday update on the Commission's website.

The Commission halted the probe in July pending more data, after opening a full investigation in June over concerns the deal could boost prices and Mars' bargaining position with retailers, Reuters reported.

The $36 billion deal, already cleared in the US, would rank among the sector's largest, according to the report.

Kellanova did not immediately reply to MT Newswires' request for comment.

Price: 79.35, Change: -0.07, Percent Change: -0.09

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