Mars' $36 Billion Kellanova Deal May Lead to Price Hikes, EU Regulators Warn

Candy maker Mars' takeover of Pringles maker Kellanova could lead to price hikes because it will boost Mars' negotiating power with retailers, EU antitrust regulators warned on Wednesday as they opened a full-scale investigation into the $36 billion deal.

The move could force Mars to divest assets to address the EU competition concerns or risk the deal being blocked.

Mars said it was disappointed with the EU's decision but it remained optimistic over the outcome of the transaction...

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