Mars Supersizes Its Snack Push With Some Moreish M&A

Kellogg brand Pringles chips for sale at a supermarket in Dobbs Ferry, New York, US, on Wednesday, June 22, 2022. Kellogg Co. said it will split into three independent companies, sparking a rally in the food conglomerates shares.Photographer: Tiffany Hagler-Geard/Bloomberg
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Hi, today we’re focusing on the biggest deal of the year—which has just landed during the depths of the summer M&A lull. Elsewhere, the oil patch merger wave has receded as majors digest their big buys.

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Is there a more moreish snack on the planet than a Pringle?