Mars $36 Billion Kellanova Deal Waved Ahead by US Regulator

Mars Inc.’s $36 billion takeover of snack maker Kellanova was given the green light by the US Federal Trade Commission on the same day European Union regulators opened up a lengthy probe of the deal.

The head of antitrust enforcement at the Washington-based agency said a review of the deal found that it “does not meet the standard for an anticompetitive merger.”