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Kraft Heinz sells nuts to Hormel foods
Cash transaction of $ 3.35 billion
TheKraft Heinz Company (Kraft Heinz) announced today that it has entered into a definitive agreement to sell its nut business to Hormel Foods Corporation via a $ 3.35 billion cash transaction. The transaction is expected to close in the first half of 2021 and is subject to regulatory review and approval. The transaction includes the majority of products sold under the Planters brand, including single...
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EFA News - European Food Agency
EFA News - European Food Agency