Food & Beverage M&A » By The Online Investor Staff, updated Sat., Feb. 27, 2:02 AM
Recent mergers and acquisitions in the Food & Beverage M&A category.
Slide #91. ConAgra Foods, Inc. — Ralcorp Holdings, Inc.
| Acquirer: |
ConAgra Foods, Inc. (CAG) |
| Acquiree: |
Ralcorp Holdings, Inc. (RAH) |
| Details: |
ConAgra Foods, Inc. and Ralcorp Holdings, Inc. announced that the boards of directors of both companies have unanimously approved a definitive agreement under which ConAgra Foods will acquire Ralcorp, the largest manufacturer of private label food in the U.S. Under the terms of the agreement, Ralcorp shareholders will receive $90.00 per share in cash for each outstanding share of common stock held, representing a 28.2% premium to the closing price of Ralcorp's common stock on November 26, 2012, and a 24.9% premium to the average closing price of Ralcorp's common stock for the 30 trading days ending November 26, 2012. The transaction is valued at approximately $6.8 billion, including the assumption of debt. |
Conagra Brands is a packaged goods food company. Co.'s reporting segments are comprised of: Grocery and Snacks, which includes branded, shelf stable food products sold in various retail channels; Refrigerated and Frozen, which includes branded, temperature-controlled food products sold in various retail channels; International, which includes branded food products, in various temperature states, sold in various retail and foodservice channels; and Foodservice, which includes branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments.
ConAgra Foods SEC Filing Email Alerts Service
Open the CAG Page at The Online Investor »
Conagra Brands is a packaged goods food company. Co.'s reporting segments are comprised of: Grocery and Snacks, which includes branded, shelf stable food products sold in various retail channels; Refrigerated and Frozen, which includes branded, temperature-controlled food products sold in various retail channels; International, which includes branded food products, in various temperature states, sold in various retail and foodservice channels; and Foodservice, which includes branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments.
ConAgra Foods SEC Filing Email Alerts Service
Open the RAH Page at The Online Investor »
| Company Name: |
| Conagra Brands Inc |
| Website: |
| www.conagrabrands.com |
| Sector: |
| Food & Beverage |
| Number of ETFs Holding CAG: |
| 106 |
| Total Market Value Held by ETFs: |
| $2.36B |
| Total Market Capitalization: |
| $17.22B |
| % of Market Cap. Held by ETFs: |
| 13.73% |
|
Quotes delayed 20 minutes
|
