MCLEAN, Va., & CHICAGO--(BUSINESS WIRE)--Mars, Incorporated, a family-owned, global leader in pet care, snacking and food and Kellanova (NYSE: K), a leader in global snacking, international cereal and noodles and North America frozen foods, today announced that Mars has received unconditional approval from the European Commission for its pending acquisition of Kellanova. As a result, all required regulatory approvals and clearances for the pending transaction have been obtained. About Mars, Incorporated Mar ...

Core Insights - The narrative surrounding food, climate, and resilience is evolving, emphasizing the importance of science, technology, and R&D in reimagining food systems [1][10] - AI is playing a crucial role in enhancing resilience by enabling real-time monitoring and predictive capabilities, thus transforming how climate risks are managed [2] Industry Collaboration - Resilience is built through collaboration across industries, geographies, and disciplines, making coalitions essential for future success [3] - Kellanova's "Better Days Promise" exemplifies the power of coalition, as seen in their Origins program that fosters sustainable sourcing through partnerships with NGOs, governments, and academics [5] Consumer Role - Consumers are pivotal in driving innovation and sustainability; their purchasing choices signal market demand for sustainable practices [4] - The challenge lies in designing foods that are not only sustainable but also delicious, convenient, and affordable to encourage consumer adoption [4] Regulatory and Financial Barriers - Existing regulations often hinder the adoption of sustainable ingredients, with outdated approval processes discouraging innovation [6] - New co-investment models are necessary to share risks and rewards in resilience-building initiatives, as demonstrated by collaborations in regenerative agriculture [7][8] Holistic Approach to Resilience - Building resilience requires a comprehensive approach that includes trust, accountability, and local action, ensuring that global goals translate into measurable progress [9] - The future of food will depend on the integration of science, innovation, and technology into a resilient system, which is already in progress [10]

Group 1 - Kellanova declared a dividend of $0.58 per share, marking a one cent increase from the previous quarterly rate, with payment scheduled for September 15, 2025 [1] - This dividend declaration represents the 403rd dividend paid by Kellanova since its inception in 1925 [1] Group 2 - Kellanova is a leader in global snacking, international cereal and noodles, and North America frozen foods, with net sales of approximately $13 billion for 2024 [2] - The company aims to become the world's best-performing snacks-led powerhouse, leveraging its differentiated brands [2] Group 3 - Kellanova's purpose is to create better days and ensure equitable food access, targeting to positively impact 4 billion people by the end of 2030 [3] - The company is committed to addressing hunger, sustainability, wellbeing, and equity, diversity & inclusion [3]