2025年12月11日晚间，美国玛氏公司（Mars, Incorporated）正式宣布，其以约360亿美元（折合人民币超2534亿元）成功完成对零食巨头Kellanova的收 购，交易已获得欧盟委员会无条件批准，至此全球范围内28项监管许可全部落地。 这桩交易不仅刷新了玛氏百年历史上的并购规模纪录，远超2008年以230亿美元收购箭牌口香糖的案例，仅次于卡夫亨氏合并案等少数案例，更成为近十 年全球包装食品领域金额最高的并购交易之一。 360亿美元构筑的零食帝国蓝图 此次玛氏收购Kellanova的交易方案，从定价机制到资产整合都展现出周密的战略考量，其核心条款的细节披露也印证了双方对合作的高度共识。在交易 对价方面，玛氏采取全现金支付模式，以每股83.50美元的价格收购Kellanova全部流通股份，这一价格较Kellanova此前30个交易日加权平均股价溢价约 44%，显著高于行业平均并购溢价水平，充分体现了玛氏对Kellanova品牌价值与业务潜力的认可。 按此计算，交易总对价约为360亿美元（折合人民币约2562亿元），这一金额不仅创下玛氏并购史新高，在全球包装食品行业也仅次于2015年卡夫亨氏合 并 ...

Core Points - The 2025 Beijing Evening News Youth Basketball Cup concluded successfully, celebrating its tenth anniversary with enhanced scale and support from various companies [2] - Companies like Sanyuan Student Milk, Kayo, Beijing Huatian Group, and Yida Gum contributed significantly to the event, promoting healthy growth concepts among young athletes [2][4] Company Involvement - Sanyuan Student Milk emphasizes its role not just as a product but as a partner in safeguarding children's health, aiming to integrate scientific milk consumption with sports health concepts into daily growth [4] - Sanyuan's General Manager, Chen Haifeng, expressed commitment to using high-quality products to support children's health and contribute positively to society and the future generation [4] - Beijing Huatian Group introduced the "Eat-Move Balance" health concept, linking traditional cuisine with sports vitality during the event [4] - Yida Gum provided solutions for stress relief and emotional regulation for children before the games, enhancing the overall experience [4]

Core Viewpoint - The Beijing Evening News Hundred Teams Cup Youth Basketball Tournament has successfully evolved over ten years, becoming a significant platform for youth development, sportsmanship, and community engagement [4][9]. Group 1: Event Development - The tournament has transformed from a nascent event into a robust competition, embedding the spirit of perseverance and joy in the memories of countless children [4][5]. - Over the years, many children have participated continuously, growing from inexperienced players into responsible dreamers, showcasing personal growth alongside the event's legacy [5][6]. Group 2: Educational Impact - Teachers play a crucial role in nurturing young athletes, emphasizing not only the importance of winning but also the dignity in losing, thus fostering a deeper understanding of sportsmanship [6][8]. - The tournament serves as a unique educational platform where students learn valuable life lessons about resilience, teamwork, and respect for opponents [6][9]. Group 3: Community and Corporate Support - Various companies, such as San Yuan and Beijing Huatian Group, contribute to the event, enhancing the experience for youth and families while promoting health and cultural values [7][8]. - These corporate partners are not merely sponsors but active participants, helping to balance the event's philanthropic and quality aspects [8]. Group 4: Future Aspirations - The ten-year milestone is viewed as a new beginning, with aspirations for the tournament to continue fostering growth, connection, and passion for basketball among youth [9].

Group 1 - The US-China trade war has escalated, with the US increasing tariffs on Chinese products from an initial 34% to 145% [1] - Despite the trade tensions, many American-owned brands disguised as domestic products are thriving in the Chinese market [4] - Harbin Beer, often mistaken as a local brand, was acquired by the American company Anheuser-Busch in 2004 [3][8] Group 2 - Yida chewing gum, popular in China, is owned by the American company Wrigley, which entered the Chinese market in 1996 [11] - Other Wrigley products, such as Green Arrow, are also American brands that perform well in China [14] - Shuanghui Group, known for its hot dogs, was sold to American firms in 2007, with significant ownership by American investor Rothschild [18][22] Group 3 - Jinlongyu, a leading cooking oil brand in China, is part of the "Yihai Kerry" group, which is a joint venture involving the American company ADM [23][25][27] - Dabao, a well-known Chinese skincare brand, was acquired by Johnson & Johnson in 2008, despite its Chinese branding [29][33] - Procter & Gamble, an American company, owns several brands in China, including Head & Shoulders and Pampers, which are often perceived as domestic products [35]