Cereal and snacks company formerly known as Kellogg’s jumps 18% in early trading on Wall Street
Shares in the Pringles maker Kellanova have surged nearly 20% after it emerged that the family-owned snacks company Mars was considering a takeover of the $27bn (£21bn) company.
Stock in Kellanova, formerly known Kellogg’s, rose 18% in early trading on Monday after Reuters reported that Mars was interested in buying the company, known for snacks brands such as Rice Krispies Treats and Pop-Tarts, in what would be one of the biggest ever deals in the packaged food sector.
Continue reading… World news | The Guardian
