Campbell’s stock drops as CEO departure and mixed earnings weigh on investors

Pallavi Madhiraju- December 4, 2024 0

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 Soup Company completes $2.7bn acquisition of Sovos Brands

Pallavi Madhiraju- March 14, 2024 0

Campbell Soup Company (NYSE: CPB) has announced the completion of its acquisition of Sovos Brands, Inc. for $23 per share, an all-cash transaction valued at ... Read More

Campbell Soup Company to acquire Sovos Brands in $2.7bn deal

Pallavi Madhiraju- August 7, 2023 0

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

US baking brand Hometown Food acquires Birch Benders from Sovos Brands

Raghuram Kadari- January 11, 2023 0

Hometown Food, an arm of Brynwood Partners VIII L.P., has acquired Birch Benders from Sovos Brands, in a move to strengthen its better-for-you food offerings. ... Read More