The Online Investor
Food & Beverage M&A image Food & Beverage M&A » By The Online Investor Staff, updated Mon., Mar. 8, 2:34 PM Recent mergers and acquisitions in the Food & Beverage M&A category.

Slide #39. Pinnacle Foods Inc. Wish-Bone Salad Dressings

Acquirer: Pinnacle Foods Inc. (PF)
Acquiree: Wish-Bone Salad Dressings
Details: Pinnacle Foods Inc. (NYSE: PF) today announced that it has completed the previously-announced acquisition of the Wish-Bone salad dressings business from Unilever PLC for $575 million in cash, subject to a customary post-closing inventory adjustment. The acquisition was funded through a combination of cash on hand and new debt.

Pinnacle Foods is a holding company. Co. is a manufacturer, marketer and distributor of convenience food products. Co.'s operations are managed and reported in four operating segments: frozen, which is comprised of the retail businesses of Co.'s legacy frozen brands, including vegetables, complete bagged meals, frozen dinners and entrees, among others; grocery, which is comprised of the retail businesses of Co.'s grocery brands; boulder, which is comprised of the retail businesses of Co.'s health and wellness lifestyle brands; and specialty, which includes Co.'s snack products (Tim's Cascade and Snyder of Berlin) and all of its U.S. foodservice and private label businesses.

Open the PF Page at The Online Investor »

Company Name: 
Pinnacle Foods Inc.
Stock buyback: 
PF buyback
Website: 
www.pinnaclefoods.com
Sector: 
Food & Beverage
 

Open the PF Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Hold (2.31 out of 4)
84th percentile
(ranked higher than approx. 84% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Food & Beverage M&A - Slide 39 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.