Mars Eyes $27 Billion Acquisition of Snack Giant Kellanova

Potential deal would mark one of the largest mergers in the packaged food industry, as Mars seeks to expand its snack portfolio.

Kellanova shares surged nearly 20% following reports of Mars' interest.
The acquisition could value Kellanova at around $30 billion, including debt.
Kellanova, spun off from Kellogg last year, includes brands like Pringles and Cheez-It.
Other potential suitors for Kellanova include Hershey and Mondelez International.
Regulatory approval remains a significant hurdle for the potential merger.