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Kellanova's Ongoing Efforts to Create an Inclusive Workplace Recognized by Seramount's Global Inclusion Index
Prnewswire· 2024-10-08 15:22
CHICAGO, Oct. 8, 2024 /PRNewswire/ -- At Kellanova, we believe that every voice matters. Today, we're thrilled to share a major ED&I milestone that underscores this core belief. For the second consecutive year, all four of our regions have been recognized on the prestigious 2024 Seramount Global Inclusion Index. Even more exciting, Seramount listed all of our locations in 17 countries on the Index—further validating that inclusion is a priority across our global organization. The Seramount Global Inclusion ...
POP-TARTS® TURNS UP THE VOLUME (LITERALLY!) ON FOOD MEETS FASHION WITH DEBUT OF THE LIMITED-EDITION 'POP-TARTS CRUNCHY POPPERS PULLOVER' IN CELEBRATION OF LATEST INNOVATION
Prnewswire· 2024-10-01 12:00
In partnership with TikTok star @Wandythemaker, Pop-Tarts honors the crunch of the brand's loudest snack yet with a jacket that audibly crunches as you wear it CHICAGO, Oct. 1, 2024 /PRNewswire/ -- Hear that sound? Pop-Tarts® is shaking up the food-meets-fashion world once more with the craveable debut of the Pop-Tarts Crunchy Poppers Pullover in celebration of the brand's new sweet, snackable, bite-sized munch. The Pop-Tarts Crunchy Poppers Pullover brings a sweet twist to street-style in celebration of th ...
Chicago Chef Teams up with MorningStar Farms® for National Vegetarian Month
Prnewswire· 2024-09-24 13:00
Core Insights - Chef Aboujamra has introduced a new limited-time dish called "Angry Chik'n," featuring MorningStar Farms® plant-based protein, which will be available throughout October [1][2][3] - The dish includes Chik'n Tenders coated in smoky harissa mayo, served with sumac fries, and garnished with Aleppo chili flakes and fresh parsley, offering a blend of savory, spicy, and tangy flavors [2][3] - MorningStar Farms® is recognized as a leader in the plant-based category, responding to the increasing demand for plant-forward dining experiences that appeal to a wide range of consumers [3][4] Company Overview - MorningStar Farms® provides a variety of plant-based products, allowing foodservice operators to meet the growing demand for plant-based dining options [6] - Kellanova, the parent company of MorningStar Farms®, reported net sales of $13 billion for 2023 and aims to become a leading snacks-led powerhouse [9] Chef Background - Chef Aboujamra, a first-generation Lebanese American, has a diverse culinary background influenced by Lebanese, Mexican, and Midwestern food cultures [5][7] - He opened Evette's in 2020, which combines Mediterranean and Mexican culinary traditions, and has plans to expand his gourmet sandwich shop, All Too Well, to Los Angeles in 2025 [5][8]
RXBAR AND MATT JAMES SERVE UP YOUR DOSE OF NO B.S. MOTIVATION WITH AR-SCANNABLE PACKAGING
Prnewswire· 2024-09-17 13:00
From stretches to training tips, RXBAR packaging now unlocks motivational messages in augmented reality (AR) experience. CHICAGO, Sept. 17, 2024 /PRNewswire/ -- The iconic RXBAR® packaging – with its list of simple ingredients and "No B.S." – now comes with another perk: motivation. For the first time ever, RXBAR is harnessing the power of augmented reality (AR) to bring the virtual and real worlds together in the No B.S. Motivator experience. This immersive experience turns fan-favorite bars into pocket-si ...
Kellanova's Cheez-It® Brand Arrives in the UK & Ireland to Delight European Tastebuds
Prnewswire· 2024-09-10 14:00
CHICAGO, Sept. 10, 2024 /PRNewswire/ -- Kellanova (formerly Kellogg Company and maker of Pringles®, Cheez-It®, Pop-Tarts® and more) today announced that cheese lovers can finally get their hands on Cheez-It snacks available in nearly 7,000 grocery stores in the UK and Ireland. The iconic brand known for its cheesy, crunchy, and satisfying snacking experiences arrives across the pond with a reformulated recipe for Cheez-It Snap'd, featuring an extra thin, crispy texture and distinct flavors to appeal to Euro ...
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Kellanova - K
Prnewswire· 2024-08-22 00:35
NEW YORK, Aug. 21, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Kellanova (NYSE: K), relating to its proposed merger with Mars, Inc. Under the terms of the agreement, all Kellanova common stock will be automatically converted into the right to receive $83 ...
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Kellanova – K
GlobeNewswire News Room· 2024-08-16 18:00
NEW YORK, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Kellanova (NYSE: K), relating to its proposed merger with Mars, Inc. Under the terms of the agreement, all Kellanova common stock will be automatically converted into the right to receive ...
Kellanova (K) Stock Jumps 10% in a Week: What's the Buzz About?
ZACKS· 2024-08-16 13:50
Core Viewpoint - The acquisition of Kellanova by Mars for $35.9 billion at $83.50 per share is expected to enhance both companies' market positions and drive growth in the snacking industry [2][7]. Company Overview - Kellanova is known for its popular brands such as Pringles, Cheez-It, and Pop-Tarts, with sales exceeding $13 billion in 2023 [3]. - Mars, with net sales of over $50 billion in 2023, is a leader in pet care and food, featuring brands like SNICKERS and M&M'S [3]. Strategic Alignment - The acquisition aligns strategically as Kellanova will be integrated into Mars Snacking, leveraging Mars' brand-building expertise to enhance Kellanova's innovation and global expansion, particularly in health and wellness products [4][6]. - The deal is expected to create a powerhouse in the snacking industry, combining the strengths and resources of both companies [7]. Market Impact - Kellanova's stock has surged nearly 10% in the past week, with a notable 7.8% increase following the acquisition announcement, reflecting renewed investor confidence [1]. - Over the past three months, Kellanova's shares have increased by 30.4%, significantly outperforming the industry growth of 7.1% [8]. Growth Opportunities - The partnership is anticipated to provide Kellanova with accelerated growth opportunities and strengthened market positioning, allowing it to meet evolving consumer preferences [6][7]. - Mars' extensive global presence and resources are expected to support Kellanova in driving consumer-centric innovation and expanding its product portfolio [6].
Calling All Kellanova (K) Investors: Contact Bronstein, Gewirtz & Grossman, LLC Today
GlobeNewswire News Room· 2024-08-15 20:00
NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Mars, Inc. ("Mars") and Kellanova (NYSE: K). Investors who purchased Kellanova and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/k. Investigation Details The investigation concerns whether Kellanova and its board of directors breached their fiduciary duties to share ...
Mars' $36B Kellanova Deal: Analysts See Minimal Category Overlap, No Competing Bids
Benzinga· 2024-08-15 18:54
In a standout M&A move, Mars, Inc. has agreed to acquire Kellanova K for $83.50 per share, marking a 44% premium over its 30-day average price. The $35.9 billion transaction is anticipated to be finalized in the first half of 2025, subject to shareholder and regulatory approvals. Here's what analysts are saying about the deal: RBC Capital Markets analyst Nik Modi downgraded Kellanova from Outperform to Sector Perform, raising the price forecast to $83.50 from $76. Piper Sandler analyst Michael S. Lavery rei ...