Law firms

Dealwatch: US elite tuck into $36bn Mars-Pringles snackquisition

Dealwatch: US elite tuck into $36bn Mars-Pringles snackquisition

Five elite US law firms have helped to push through the biggest M&A deal of the year so far – the $36bn acquisition of Pringles and Pop Tarts maker Kellanova by Mars.

The all-cash offer values Kellanova at $83.50 per share – a premium of around 33% to its 52-week high as of 2 August.

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