Campbell Soup (CPB) to Acquire Sovos Brands (SOVO) for $23 Per Share, $2 7 Billion streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Powerful combination expected to fuel earnings growth; Aligns with and advances Campbell’s focused strategic plan
Strengthens and diversifies Campbell’s portfolio by enhancing Meals &.
(Bloomberg) Campbell Soup Co. agreed to buy Sovos Brands Inc. in a deal valued at $2.7 billion, expanding the soupmaker’s presence in frozen meals and giving it a foothold in the premium pasta sauce market.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’
Excellent Results Reflect Sustained Sector-Leading, Volume-Led Top Line GrowthEntered Into a Definitive Agreement to be Acquired by Campbell Soup Company LOUISVILLE, Colo., Aug. 07, 2023 .