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Mars receives EU approval for takeover of Kellanova
The EU Commission has approved Mars’s takeover of snack and food company Kellanova without conditions and sees no competition concerns in Europe. Brussels said the approval was based on the expectation that Mars’s negotiating position with retailers will not be materially strengthened by the takeover. Mars employs more than 150,000 people and is acquiring well-known brands such as Pringles and Kellogg’s. » More on rnd.de
Kellanova reaches 52-week high at $83.42
Kellanova shares climbed to a 52-week high of $83.42, giving a year-to-date total return of 5.77%. The company trades at a P/E ratio of 22.79, has a dividend yield of 2.78% and low volatility (beta 0.25). InvestingPro rates the stock as overvalued at the current level. Kellanova announced a quarterly dividend of $0.58 per common share (payment date December 15, 2025; record date December 1, 2025). » More on de.investing.com
Kellanova hits 52-week high of $83.42 - board approves quarterly dividend
Kellanova shares rose to a new 52-week high of $83.42 and are up 2.78% year-to-date. The company has a P/E ratio of 22.74, a PEG ratio of 0.88 and a dividend yield of 2.79%. The board has declared a quarterly dividend of $0.58 per common share, payable on December 15, 2025 to shareholders of record as of December 1, 2025. An analysis by InvestingPro indicates the stock may be slightly overvalued at current levels. » More on de.investing.com
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