Mars Receives Final Regulatory Approval and Moves to Close Acquisition of Kellanova

Core Insights - Mars, Incorporated has received unconditional approval from the European Commission for its acquisition of Kellanova, completing all necessary regulatory approvals for the transaction [1][4] - The acquisition is expected to close on December 11, 2025, pending customary closing conditions [2] - The combined snacking business is projected to generate approximately $36 billion in annual revenues, featuring a portfolio that includes nine billion-dollar brands [3] Company Overview - Mars, Incorporated is a family-owned business with an estimated revenue of $55 billion and a workforce of 150,000 associates, offering a diverse range of pet care products and food items [5] - Kellanova is recognized as a leader in global snacking, international cereals, and frozen foods, with a legacy of over 100 years and a portfolio that includes brands like Pringles®, Cheez-It®, and Pop-Tarts® [8]