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.
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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.
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Food company Conagra Brands Inc (NYSE: CAG) is shopping its iconic Hebrew National hot dog brand and it may have found a buyer in Brazil's JBS ADR (OTC: .
Conagra in talks to sell hot-dog brand Hebrew National to JBS just-food.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from just-food.com Daily Mail and Mail on Sunday newspapers.