Kellanova has announced an update on its merger with Acquiror 10VB8, LLC, as part of an Agreement and Plan of Merger initially disclosed on August 13, 2024. The merger involves Kellanova becoming a wholly-owned subsidiary of Acquiror. The transaction is currently under a Phase II investigation by the European Commission, which was announced on June 25, 2025. Despite this development, Kellanova and Mars, Incorporated, are optimistic about obtaining antitrust approval. The expected timeline for the merger's completion has been adjusted to towards the end of 2025, although the exact timing remains uncertain.
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