Campbell completes acquisition of Sovos Brands | Drug Store News

Mar 12, 2024  · Campbell Soup has completed the acquisition of Sovos Brands for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion.


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Campbell Completes Acquisition Of Sovos Brands | Drug Store News

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Mar 12, 2024  · Campbell Soup has completed the acquisition of Sovos Brands for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion.

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Campbell Completes Acquisition Of Sovos Brands, Inc.

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CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an …

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Campbell Soup Completes $2.33 Billion Sovos Deal After Delays

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Mar 12, 2024  · (Reuters) - Campbell Soup has completed the acquisition of Rao's Homemade-owner Sovos Brands, the U.S. packaged food maker said on Tuesday, weeks after receiving …

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Campbell Completes Acquisition Of Sovos Brands, Inc. - Foodmarket

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Campbell Soup Company today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, which represents a total …

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Campbell Completes Sovos Brands’ Acquisition - The Shelby Report

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Mar 13, 2024  · Campbell Soup Co. has completed its acquisition of Colorado-based Sovos Brands for $23 per share in an all-cash transaction, which represents a total enterprise value …

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Campbell Completes Acquisition Of Sovos Brands, Inc.

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Mar 12, 2024  · Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-

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Campbell Adds Premium Brands With Sovos Acquisition

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Mar 12, 2024  · CAMDEN, N.J. - Campbell Soup Company (NYSE: CPB) announced the completion of its acquisition of Sovos Brands, Inc. for $23 per share in an all-cash transaction …

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Campbell's Sovos Acquisition A 'match Made In Heaven': CEO

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Mar 12, 2024  · Campbell Soup Company (CBP) announced today that it has completed its $2.7 billion acquisition of Sovos Brands, Inc., which touts popular brands like Rao's. The deal was …

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Campbell Completes Acquisition Of Sovos Brands, Inc. | Nasdaq

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Mar 12, 2024  · Campbell Soup Company today announced it has completed the acquisition of Sovos Brands, Inc. for $23 per share in an all-cash transaction, which represents a total …

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Campbell Completes Acquisition Of Sovos Brands, Inc.

3 weeks from now

Mar 12, 2024  · Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, …

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FAQs about Campbell completes acquisition of Sovos Brands | Drug Store News Coupon?

What is Campbell's acquisition of Sovos Brands?

Campbell Completes Acquisition of Sovos Brands, Inc. - The Campbell's Company CAMDEN, N.J.– (BUSINESS WIRE)– Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion. ...

How much is Campbell Soup worth?

CAMDEN, N.J. & LOUISVILLE, Colo.– (BUSINESS WIRE)– Campbell Soup Company (NYSE: CPB) and Sovos Brands, Inc. (Nasdaq: SOVO) today announced that the companies have entered into an agreement for Campbell to acquire Sovos Brands, Inc. for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion. ...

Did Campbell Soup buy Rao's?

REUTERS/Brendan McDermid/File Photo (Reuters) - Campbell Soup has completed the acquisition of Rao's Homemade-owner Sovos Brands, the U.S. packaged food maker said on Tuesday, weeks after receiving clearance from the Federal Trade Commission. ...

What products does Sovos sell?

The Sovos Brands portfolio consists of a variety of premium products including pasta sauces, dry pasta, soups, frozen entrées, frozen pizza and yogurts under the brand names Rao’s, Michael Angelo’s and noosa. ...

How much does Sovos Brands make per share?

Compelling Strategic Rationale The all-cash offer for Sovos Brands of $23 per share for a total enterprise value of approximately $2.7 billion represents an adjusted EBITDA multiple of 14.6x including run rate synergies and 19.8x excluding synergies 6. ...

Where can I find more information about the Campbells company?

For more information, visit www.thecampbellscompany.com or follow company news on Twitter via @CampbellSoupCo. Sovos Brands, Inc. is a consumer-packaged food company focused on acquiring and building disruptive growth brands that bring today’s consumers great tasting food that fits the way they live. ...

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