EU antitrust regulators pause investigation into Mars' $36 billion Kellanova deal
The European Commission, which acts as the competition watchdog for the 27-country bloc, last month opened a full-scale investigation into the deal, warning that it could result in price increases.
"The 'clock' in merger investigations can be suspended if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them within a prescribed deadline," the Commission said in an email.
The investigation will resume with a new decision deadline once the companies have handed over the information. The previous deadline was October 31.
The U.S. Federal Trade Commission approved the deal unconditionally last month.
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The Guardian
an hour ago
- The Guardian
Deal or no deal? World leaders walk tightrope in tariff negotiations with Trump
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Times
an hour ago
- Times
Melrose defies tariffs and supply woes to beat profit forecast
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Reuters
3 hours ago
- Reuters
NFL deals Red Zone, NFL Media assets to ESPN in billion-dollar agreement, the Athletic reports
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