2024’s biggest deal: Mars to buy Pringles and Pop-Tart maker for $36bn

Confectionery giant Mars has struck a deal to snap up Pringles and Pop-Tart-maker Kellanova for nearly $36bn (£28bn).

The firms called it the biggest snacking buyout this year, while legal experts don’t expect any objections from regulators.

The deal comes as cash-strapped consumers have been opting for cheaper own-brand junk food, according to market data specialists Mintel.

There is also a trend to towards healthier snacking in the UK, it said.

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