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European Commission pauses antitrust investigation into Mars’ $36bn Kellanova takeover – Reuters
The European Commission has paused its investigation into Mars’ $36bn takeover of fellow food giant Kellanova while awaiting data requested from the companies, according to a Reuters report.
CMA opens investigation into Greencore and Bakkavor merger
The Competition and Markets Authority (CMA) has initiated an inquiry into the proposed acquisition of Bakkavor Group by Greencore Group, a significant move in the UK food manufacturing sector.
Mars’ $36bn Kellanova deal clears FTC, but EU investigation looms
Mars' proposed acquisition of Kellanova has received a crucial endorsement from the US Federal Trade Commission, but now faces scrutiny from the European Commission.
Mars' $36bn Kellanova acquisition faces EU antitrust investigation – Reuters
According to reporting by Reuters, global snack giant Mars’ $36bn takeover bid for Kellanova is set to face a full-scale EU antitrust investigation which could require Mars to divest assets.
ABF confirms merger talks between Allied Bakeries and Hovis owner, Endless
Associated British Foods (ABF) has confirmed it is in discussions with private equity firm Endless LLP regarding a potential merger that could bring Kingsmill and Hovis, under the same ownership.