According to insiders, the global family-owned packaged food giant Mars, which owns famous candy brands such as M&M's and Snickers, is currently exploring the possibility of acquiring snack brand manufacturers such as Cheez-It and Pop-Tarts.$Kellanova (K.US)$Kellogg's market cap (including debt) is about $27 billion, and this potential deal will be one of the largest in the history of the packaged food industry, which could also lead to regulatory concerns about industry consolidation.

Since its spin-off from $WK Kellogg(KLG.US)$ last October,$WK Kellogg (KLG.US)$$Kellanova (K.US)$$Hershey (HSY.US)$And.$Mondelez International (MDLZ.US)$However, compared to companies such as $Hershey (HSY.US)$ and $Mondelez International (MDLZ.US)$, Kellogg's stock price is still low, making it an attractive acquisition target.

Kellanova declined to comment, and a spokesperson for Mondelez did not immediately respond to requests for comment.

Mergers and acquisitions in the packaged food industry have been very active, as companies seek to expand to resist rising raw material costs and changes in consumer demand for healthy food. Last year, J.M. Smucker acquired Hostess Brands, the maker of Twinkies, for $5.6 billion, marking the merger of the two largest snack brands in the United States.

M&A activities in the packaged food industry have always been very active, with companies seeking to counter rising raw material costs and changing consumer demand for healthy food through scaling. Last year, $Jm smucker(SJM.US)$ acquired Twinkies manufacturer Hostess Brands for $5.6 billion, marking the merger of the two largest snack brands in the United States.$JM Smucker (SJM.US)$acquired Twinkies manufacturer $Hostess Brands, Inc. Warrants (TWNKW.US)$, marking the merger of the two largest snack brands in the United States.

The U.S. Federal Trade Commission and the state of Colorado have filed a lawsuit seeking to prevent grocery store operator Kroger from acquiring Albertsons for $25 billion, citing concerns that the deal could raise living costs for millions of Americans.

The Federal Trade Commission and the state of Colorado have filed lawsuits, trying to block Kroger from acquiring Albertsons for $25 billion, fearing the deal could lead to rising costs of living for millions of Americans.$The Kroger (KR.US)$is acquiring $Albertsons Companies (ACI.US)$ for $25 billion.$Albertsons Companies (ACI.US)$, the reason is concern that this trade will cause the cost of living for millions of Americans to rise.

It is reported that Mondelez, headquartered in McClain, Virginia, has been seeking to diversify its business through acquisitions. The company is owned by descendants of its founder, Frank C. Mars, with annual sales of about $47 billion. Mondelez has three main divisions: Mars Pet Care, Mars Snack, and Mars Food and Nutrition.

Kellanova produces products in 21 countries worldwide and sells them to more than 180 countries. Since it separated from WK Kellogg last year, Kellanova has retained snack brands, including Pop-Tarts and Rice Krispies Treats, as well as frozen breakfast food brands such as Morningstar Farms and Eggo, and its international grain food division.

WK Kellogg, with a market cap of $1.5 billion, according to a licensing agreement with Kellanova, retained its North American cereal business, including Kellanova, Froot Loops, Frosted Flakes, and Rice Krispies brands.

In addition, Toms Capital Investment Management is said to have invested in Kellanova and is discussing how to increase shareholder returns with the company. At present, the details of the negotiations between Toms and Kellanova are unclear.

Moreover, there are reports that investment company TOMS Capital Investment Management has acquired a stake in Kellanova and is discussing how to increase shareholder returns. Currently, the details of the negotiations between TOMS and Kellanova are not clear.

Editor/ping