Pinnacle Foods Agrees to Be Acquired
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MOUNTAIN LAKES, N.J. -- Pinnacle Foods Group Inc., the privately held owner of Duncan Hines baking mixes, Hungry Man and Swanson frozen dinners and Vlasic pickles, has agreed to be acquired by a group led by the buyout specialist Blackstone Group in a deal the companies valued at about $2.16...
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Wm. Wrigley Jr. Co. agreed to buy the brands including Altoids mints and Life Savers for $1.48 billion from Kraft Foods Inc., its biggest acquisition ever, to expand its share of the candy market.
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Kellogg Co., the world's leading maker of breakfast cereals, said Thursday that it has bought the United Bakers Group, a leading Russian maker of crackers, biscuits and breakfast cereals.
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Kraft Foods Inc. plans to buy Groupe Danone SA's biscuit unit for $7.2 billion to become Europe's largest maker of cookies.
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Martha Stewart Living Omnimedia bought portions of Emeril Lagasseâs franchise for $45 million in cash and $5 million in stock, her companyâs first major acquisition.
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San Miguel, the largest food and beverage maker in the Philippines, said Thursday that it had agreed to buy National Foods, Australia&#39;s biggest dairy company, for 1.78 billion Australian dollars, or $1.4 billion, raising the prospect of a bidding war with
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The Dutch retail giant Ahold said Tuesday it had finalised the sale of its US division US Foodservice to private equity funds Clayton, Dubilier, Rice and Kohlberg Kravis Roberts for 7.1 billion dollars (5.2 billion euros).
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Home Depot Inc  said it completed the  sale of its wholesale supply business, HD Supply, to buyout  firms on the same terms announced earlier this week.
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Procter & Gamble Co. said on Friday it agreed to acquire Gillette Co. for about &#36;57 billion in stock, creating a dominant consumer products manufacturer that would hold unprecedented sway over retailers.
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The buyout, which could be completed by the end of this year, will make PilgrimÃÂs Pride the countryÃÂs top chicken producer, eclipsing Tyson Foods.
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Kraft Foods said yesterday that it had agreed to sell its Life Savers and Altoids brands to the Wm. Wrigley Jr. Company for $1.5 billion as part of a reorganization plan.
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Premier Foods PLC said Monday it will buy RHM PLC for 1.23 billion pounds in cash and shares to create Britain's biggest food producer.Comment
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Premier Foods, the owner of brands such as Branston sauces and Ambrosia, agrees to buy rival RHM for Â£1.2bn.
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CHICAGO -- Kraft Foods Inc. said Tuesday it has offered $7.2 billion in cash to acquire the cookie and cereal division of French food company Groupe Danone SA in a deal that would give America's biggest food and beverage company an even larger foothold around the globe.
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WRIGLEY is buying the Life Savers and Altoids sweet and mint businesses from Kraft Foods for Â£800 million. The deal allows Wrigley to expand in the sweet section, while leaving Kraft to focus on the rest of its food business.
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Wm. Wrigley Jr. Co., the world&#39;s largest maker of chewing gum, agreed to buy candy businesses including Altoids mints and Life Savers from Kraft Foods Inc.
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PepsiCo. Inc., the world&#39;s No. 2 soft- drink maker, plans to buy General Mills Inc.&#39;s 40.5 percent stake in their European snacks joint venture for $750 million in cash.