Mars' pending acquisition cleared the Federal Trade Commission process. The global company noted that Kellanova (NYSE:K) transaction has now received all but one of the 28 required regulatory clearances,

The U.S. Federal Trade Commission said on Wednesday that candy giant Mars' proposed $36 billion takeover of Pringles maker Kellanova did not meet the standard for an anticompetitive merger and that the regulator was ending its review of the deal.

The FTC on June 25 announced it granted an early termination of its probe into the nearly year-old Mars-Kellanova transaction. Earlier in the day, the EC — the executive branch of the European Union (EU) — said it has launched an “in-depth investigation” of the planned acquisition, citing competitive concerns under the EU Merger Regulation.