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Campbell Soup creates new biz unit to house newly acquired Sovos Brands

Campbell Soup Co. (NYSE: CPB) this week completed its $2.7 billion acquisition of Sovos Brands Inc. (Nasdaq: SOVO), carving out a new business unit to house the Louisville-based food-umbrella company.

Campbell completes acquisition of Sovos Brands

The Sovos Brands portfolio consists of brands like Rao’s, Michael Angelo’s and noosa.

Campbell Soup Closes Acquisition Of Sovos Brands In $2 7 Bln All-cash Deal

Campbell Soup Closes Acquisition Of Sovos Brands In $2 7 Bln All-cash Deal
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