Wrigley has set a date for the special meeting of its shareholders to vote on the proposed acquisition of the gum-maker by Mars.

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The meeting will be held on 25 September in Chicago.


Two-thirds of Wrigley’s shareholders must vote in favour of the deal for it to proceed.


If approved, the agreement would see Wrigley become a separate, stand-alone business unit of Mars. Holders of Wrigley common stock will then receive a cash consideration of US$80 per share, or the “merger consideration”.


Last week, the deal received regulatory approval from the European Commission. Favourable decisions have also been given by regulators in the US, Canada and Australia.