At least six prominent M&A firms in Big Law have guided Mars’ $35.9 billion acquisition of snack maker Kellanova, announced on Wednesday. The firms involved in one of the largest deals of 2024 include Skadden, Arps, Slate, Meagher & Flom; Kirkland & Ellis; Simpson Thacher & Bartlett; Cravath Swaine & Moore; Cleary Gottlieb Steen & Hamilton; and Sullivan & Cromwell. This transaction highlights the increasing value of M&A in 2024, with mega deals over $10 billion up by 70% in the first half of the year compared to 2023, despite a decrease in the number of deals overall. See the full details here.