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📢 Mars to Acquire Kellanova in 2024’s Biggest Deal for $36 Billion 🍫 A Major Move in Snacking: Mars is making headlines with its $36 billion acquisition of Kellanova, the maker of Pringles and Cheez-It. This significant deal, the largest of 2024 so far, combines Mars’ iconic brands like M&M's and Snickers with Kellanova’s popular products. Mars is paying $83.50 per share, a 33% premium, and aims to integrate Kellanova’s snacks into its portfolio while maintaining stable prices despite ongoing inflation pressures. 🌍 Strategic Growth and Market Expansion: The acquisition is set to strengthen Mars’ position in the global snacking market. Kellanova’s distribution network in Africa offers new opportunities for Mars to expand its candy sales, while Mars’ established presence in China could boost Kellanova’s brands. Mars plans to leverage this deal to introduce healthier snack options and enhance its market share, responding to evolving consumer preferences. 📈 Financial and Strategic Impact: Mars’ acquisition is expected to face minimal antitrust hurdles due to limited overlap between the companies. The deal will be financed through cash and a $29 billion debt commitment from JPMorgan Chase and Citi. Once finalized in early 2025, Kellanova will join Mars Snacking, led by Global President Andrew Clarke, while Kellanova’s CEO Steve Cahillane will depart post-deal. #MarsAcquisition #Kellanova #SnackingIndustry #MergersAndAcquisitions #GlobalExpansion #HealthySnacks #FoodIndustry #BusinessNews

🚀 **Mars Acquires Cheez-It, Pringles-Maker Kellanova in $36B Deal** In a groundbreaking move, Mars Incorporated has announced its $36 billion acquisition of Kellanova, the maker of iconic snack brands Cheez-It and Pringles. Here's why this deal is set to be a game-changer: 1. **Expanding Market Share**: Mars will significantly boost its presence in the snack food market, adding renowned brands to its portfolio. 2. **Strategic Diversification**: This move diversifies Mars' business operations, reducing dependence on its existing confectionery and pet care segments. 3. **Innovation Synergies**: Combining the R&D capabilities of both companies is expected to foster innovation, bringing new and exciting products to market. 4. **Enhanced Distribution Network**: Kellanova’s robust distribution channels will allow Mars to reach new customers more efficiently. 5. **Global Growth**: Leveraging Kellanova’s established international presence, Mars is poised to tap into emerging markets globally. For high net worth individuals, understanding the financial implications of such acquisitions is crucial. Whether you’re an investor or just keen on making smart financial decisions, it's essential to navigate these changes strategically. Next steps by reaching out to Together CFO or setting up a call: **_https://lnkd.in/gNmSEaig

Norton Rose Fulbright Advised Carlsberg Breweries A/S on US$744 Million Acquisition Team : Craig Loveless, Dexter Tan Yu Hang, Dominic Stuttaford, Katie Chung, Chew Kei-Jin, Kai Ye Ang, Christopher Bell, Yan Yee Wong, Elisabeth Trotter, Nina Stammbach, and Rebecca Bell. Link to read full News: https://lnkd.in/dg6vwn26 #NortonRoseFulbright #Carlsberg #Acquisition #CorporateTransaction #MandA #SouthAsia #India #Nepal #GorkhaBrewery

Mars is acquiring Kellanova for $36 billion. This dwarfs the previous acquistion Mars did of Wrigley at $23 billion in 2008. The deal values Kellanova at $29 billion, offering shareholders a 33% premium, increasing its stock value to $80 up from $72 from last week. The acquisition creates a snacking powerhouse, adding Kellanova's brands to Mars' lineup, including Snickers and M&M's. The deal drives growth, expanding Mars' snacking platform to meet consumer needs. Kellanova's brands join Mars' 15 billion-dollar brands. This move solidifies Mars' position as a global snacking leader, following a series of strategic acquisitions. The deal unites two iconic businesses on par with other players in the segment like Mondelēz International & PepsiCo. #NausherwanKhan

Mars-Kellanova mega deal could create $60bn powerhouse 🚀 Reports are surfacing that Mars, one of the biggest names in the food and pet care industry, is in discussions to acquire Kellanova. This potential acquisition could mark a significant shift in the competitive landscape, bringing together two iconic companies with a strong heritage of innovation and consumer trust. The packaged food industry is gearing up for a potential mega deal the likes of which has not been seen since the 2015 merger of Kraft Foods and HJ Heinz. A merger would create a business with annual sales revenue of at least $60bn! What are your thoughts on this potential industry game-changer?

Mars has entered into an agreement to acquire Kellanova for US$83.50 per share in cash, for a total consideration of US$35.9 billion. The deal is hailed as an opportunity to create a broader, global #snacking business and brings together “two values-based and purpose-led businesses.” We look into the transaction. #foodbusiness #foodindustry #globalbrands Read the full article here👉https://lnkd.in/dDZjXNf2

🚨 Immensely valuable brand portfolios within #Merger & #Acquisition🚨 The acquisition of Kellanova by Mars stood out as the largest transaction announced in Q3 2024, with a whopping deal value of US$36B (S&P Global). This reinforces the resilience and promise of #consumergoods #investments, even in a tech-driven economy. 💼📈 Kellanova, a global leader in snacking, cereals, noodles, plant-based foods, and frozen breakfast, boasts an impressive #brand portfolio including Pringles®, Cheez-It®, Pop-Tarts®, Nutri-Grain®, Eggo®, MorningStar Farms®, and more. This acquisition is set to join the ranks of the Top 10 Most Expensive Brand Portfolios ever acquired! 💡 Speaking of Most Expensive Brand Portfolios, here are a few notable examples listed in MARKABLES #database: 1️⃣ British American Tobacco's acquisition of Reynolds American (2017): US$93.6B 4️⃣ Procter & Gamble's purchase of Gillette (2005): US$25.6B 14️⃣ Stellantis’ purchase of Fiat Chrysler (2021): US$11.8B Curious to see the full list? Check out the link in the first comment! #MARKABLES’ selection of #marketcomps for the #valuation of brands and #trademarks is second to none in the sector. 🔍👏 #IntangibleAssets #IPValuation #Royalties #Transferpricing

Exciting news in the business world! 🌍 Mars has finalized a major acquisition in the snack market, a deal exceeding $35 billion. 🚀 This strategic move showcases Mars' commitment to expanding its market presence and product offerings. The acquisition reflects careful planning, highlighting the importance of understanding emerging markets. 📈 While Kellanova's focus on emerging markets provides a promising opportunity for growth, successful integration requires more than just a shared industry. -🤝 Cultural capital, - market knowledge, - a harmonious approach to business functions are key elements for a smooth transition and sustained success. 💼 By emphasizing collaboration and a shared vision, Mars aims to create a synergistic partnership rather than a dominant-subordinate dynamic. 🌟 This approach is essential for the seamless integration and long-term success of this landmark acquisition. 🌐 #BusinessNews #Acquisition #MarketExpansion #Collaboration #SuccessFactors

Mars to acquire Kellanova in $29bn deal 👏 First reported earlier this month, the deal is the largest-ever acquisition for the FMCG giant, surpassing the $23bn it paid for Wrigley's chewing gum business in 2008. The group continues its strategic investment strategy following the acquisition of the chocolate retailer Hotel Chocolat in November 2023. News of the potential acquisition led to Kellanova's share price soaring by 18% last week, whose portfolio includes Pringles, Pop-Tarts, Rice Krispie Treats, and Special K. President and CEO of Mars, Poul Weihrauch commented: "In welcoming Kellanova’s portfolio of growing global brands, we have a substantial opportunity for Mars to further develop a sustainable snacking business that is fit for the future." “We will honour the heritage and innovation behind Kellanova’s incredible snacking and food brands, while combining our respective strengths to deliver more choice and innovation to consumers and customers.” #News #Food #Snacks #Acquisition #Growth #Consumer #Strategy

Major news in the consumer industry: Mars Inc. is exploring a potential acquisition of Pringles maker Kellanova, according to Reuters. With Kellanova's market cap at around $27 billion, this could be one of the industry's largest deals yet. However, regulatory hurdles may loom large due to antitrust concerns. Kellanova, spun off from WK Kellogg Co last October, has seen its shares rise by 20% but still trade at a discount compared to peers like Hershey and Mondelez. This move by Mars, a giant in the privately-owned sector, could mark its most significant acquisition since the $9.1 billion VCA deal in 2017. #FoodIndustry #MergersAndAcquisitions #MarsInc #Kellanova #FMCG