FoodNavigator
The European Commission has paused its review of Mars’ $35.9bn bid to acquire Kellanova, citing missing information. While the deal cleared US regulators, European officials are probing its potential impact on food prices and market competition. The clock will resume once Mars meets the Commission’s data requests…
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Mars-Kellanova deal in jeopardy as Commission ‘stops the clock’
The European Commission has paused its review of Mars’ $35.9bn bid to acquire Kellanova, citing missing information. While the deal cleared US regulators, European officials are probing its potential impact on food prices and market competition. The clock will resume once Mars meets the Commission’s data requests…