Campbell’s stock drops as CEO departure and mixed earnings weigh on investors
Campbell’s stock falls sharply, declining by 5.5% on Wednesday to close at $43.01, nearing its lowest point since June. The drop followed the packaged food ... Read More
Campbell’s just dropped ‘Soup’ from its name – is this the end of an era?
Campbell Soup Company, a 155-year-old icon in the food industry, has announced a dramatic rebranding move: dropping "Soup" from its name. The new moniker, "The ... Read More
Campbell Soup Company to acquire Sovos Brands in $2.7bn deal
Campbell Soup Company (NYSE: CPB) has agreed to acquire Sovos Brands, Inc. (Nasdaq: SOVO) for $23 per share in cash, marking a total enterprise valuation ... Read More
Campbell Soup to invest $50m to enhance Camden facilities
Campbell Soup is planning to invest around $50 million over the next three years, to consolidate its snacks offices in Charlotte, North Carolina, and Norwalk, ... Read More
Campbell Soup to sell Arnott’s and others to KKR for $2.2bn
Food acquisition news : Campbell Soup Company has agreed to sell its Australian biscuit brand Arnott’s and some of its international operations to global investment ... Read More
Campbell Soup to sell Kelsen Group to Ferrero affiliate for $300m
US canned soups producer Campbell Soup Company has agreed to sell its Danish baked snacks producer Kelsen Group to a Ferrero affiliated company for $300 ... Read More
Campbell Soup to sell Bolthouse Farms to Butterfly Equity for $510m
Food acquisition news : Campbell Soup Company has agreed to sell Bolthouse Farms, a producer of organic beverages, dressings, and carrots, to an affiliate of ... Read More
Conagra Brands and Pinnacle Foods to become one in $10.9bn deal
Food acquisition news : In what is one of the biggest deals in the food industry in the recent times, Conagra Brands, a North American ... Read More