M&M's candy maker Mars to buy out Pringles parent Kellanova in $36 billion deal
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FILE PHOTO: FILE PHOTO: Mars and Snickers bars are seen in this picture illustration taken February 23, 2016. REUTERS/Fabrizio Bensch/Illustration/File Photo
(Reuters) - Family-owned packaged food giant Mars, whose candy brands include M&M's and Snickers, said on Wednesday it would buy Pringles maker Kellanova for nearly $36 billion in the biggest deal in the packaged food sector.
The deal comes days after Reuters reported that Mars was exploring a potential acquisition of Kellanova.
(Reporting by Savyata Mishra in Bengaluru; Editing by Arun Koyyur)
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