Mars to pump $2B into U.S. manufacturing
Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations throughout the country by the end of 2026.
Top Five: August 2025
The top five most-read daily news stories on VirginiaBusiness.com from June 10 through July 10 included news of University of Virginia President Jim Ryan’s resignation amid federal pressure over university DEI policies. 1 | Buc-ee’s opens first Virginia location in Mount Crawford Some fans camped out overnight and some drove from as far away as […]
Pringles maker Kellanova’s shares rise after US regulators approve its proposed merger with Mars
Snack maker Kellanova‘s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators. The U.S. Federal Trade Commission announced late Wednesday that after nearly a year of investigation, it determined that a merger between Mars and Kellanova wouldn’t threaten competition in the market. Kellanova shares were up nearly 1% in morning […]
EU opens investigation into $35.9B Mars-Kellanova merger; FTC approves deal
The European Union's antitrust watchdog organization has opened an in-depth investigation into Mars' proposed $35.9 billion acquisition of Kellanova
Report: EU set to launch antitrust probe of $35.9B Mars-Kellanova deal
The European Union's antitrust watchdog is expected to launch a full-scale investigation into Mars' $35.9 billion acquisition of Kellanova.
EU regulators to decide on Mars-Kellanova merger in June
Antitrust regulators with the European Union have set a June 25 deadline to decide whether to approve McLean-based candymaker and pet care giant Mars' $35.9 billion acquisition of snack producer Kellanova, announced last August.
Mars to purchase Cheez-It, Pop-Tarts maker in $35.9B deal
Updated Aug. 16 McLean-based snack and pet care giant Mars announced Wednesday it has entered into a $35.9 billion, all-cash deal to purchase Kellanova, the maker of Cheez-It, Pop-Tarts, Pringles, Eggo and other food brands. Kellanova, created in October 2023 when Kellogg split into two companies, had 2023 net sales of more than $13 billion, […]