Jet engine manufacturer CFM has agreed to supply additional engines to Airbus in order to help the planemaker meet end-of-year targets. This decision comes as Airbus faces a supply gap, with CFM stepping in to provide support. The collaboration between the two companies is crucial in maintaining production schedules and ensuring the timely delivery of aircraft.
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EU prepares to investigate Mars-Kellanova deal
European regulators are set to investigate Mars's $35.9 billion acquisition of Kellanova, the maker of Pringles and Pop-Tarts, due to concerns about high market shares without proposed remedies. The deal, crucial in a declining packaged food market, could face delays beyond the August 13 deadline if regulatory reviews prolong the process. Need More Context? 🔎
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