The Week: City News - Mars to acquire Wrigley

The confectionery giant Mars is to merge with the owner of Wrigley chewing gum, in a $23 billion deal.

Mars will receive funding from Goldman Sachs and Berkshire Hathaway, which also owns Snickers and M&Ms, to buy Wm Wrigley. Mars will transfer its global non-chocolate brands, such as Skittles and Starburst, to Wrigley.