Popular snack: Bags of Mars Inc’s Snickers bars at a store in the Harlem neighbourhood of New York. The firm has agreed to buy Kellanova for nearly US$36bil including debt, bringing together two major food companies in the biggest deal of the year. — Bloomberg
EVERY shopper knows the dangers of going to the grocery store hungry.
But Mars Inc is happy with its purchase: the US$36bil acquisition of Pringles chips and Cheez-It maker Kellanova.
