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Potential M&A Candidates in Packaged Goods Following Monumental Deal

by | Sep 14, 2024

Kellanova (K) was a major deal announced in Q3 with Mars paying $36B, a 33% premium at 16.4X EBITDA. The deal is expected to close in 1H25. Mars’ purchase of Pringles maker Kellanova for $36 billion will transform the candy icon into a leading seller...

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