Conagra in Talks to Sell Hebrew National Hot-Dog Brand
Conagra is discussing the sale of the Hebrew National brand to JBS of Brazil for about $700 million, a media report says.
Author:
Food giant Conagra Brands (
CAG) - Get Report is discussing the sale of its Hebrew National hot dog brand to JBS (
JBSAY) of Brazil for about $700 million, a media report says.
A transaction also could include the Egg Beaters and Odom’s Tennessee Pride brands, people familiar with the matter told The Wall Street Journal.
To be sure, it’s no done deal that Conagra will sell any of the three units to JBS, the biggest beef processor in the U.S., or at all.