Mars, Incorporated to Acquire Kellanova (Financed with $26 Billion Senior Notes)
March 5, 2025
Mars, Incorporated priced a previously announced private offering of $26.0 billion of senior notes. The company said it intends to use the net proceeds, along with other financing sources and cash on hand, to fund its pending acquisition of Kellanova, subject to customary closing conditions and regulatory approvals.
- Buyers
- Mars, Incorporated
- Targets
- Kellanova
- Industry
- Consumer Products
- Location
- United States
- Transaction Type
- Buyout
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