Reuters – Hormel Pays $700M for Skippy Peanut Butter

Hormel Foods Corp., the maker of Spam canned ham, said it will acquire the Skippy peanut butter business from Unilever Plc for about $700 million, Reuters reported. The company said it expects the deal to modestly add to its fiscal 2013 results.

(Reuters) – Hormel Foods Corp, the maker of Spam canned ham, said it will acquire the Skippy peanut butter business from Unilever Plc for about $700 million.
The company said it expects the deal to modestly add to its fiscal 2013 results.

Leave a Reply

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget