Mars set to win unconditional EU nod for $36 billion Kellanova deal, sources say
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Mars is poised to receive unconditional EU antitrust approval for its $36 billion acquisition of Kellanova, which includes brands like Pringles, M&Ms, and Snickers. The deal has already been approved by U.S. authorities. Despite initial concerns about potential price increases and market power, the European Commission found no legal grounds for concessions. A decision from the EU is expected by December 19, with the combined entity holding about 12% of the U.S. snacking and candy market.
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