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Although more consumers are opting for at-home eating, compared to years ago, CPG entrée manufacturers now compete for share of stomach with a much wider set at-home meal providers.
The filing provides detailed information on Lamb Weston’s strategy, business and historical financial results and will be updated with additional information in subsequent amendments as part of the SEC review process.
ConAgra Foods, Inc. announced today as of June 2, the company has discontinued the use of Partially Hydrogenated Oils (PHOs) in the manufacturing of all spreads in the company’s portfolio. This includes Fleischmann’s®, Blue Bonnet® and Parkay®.
ConAgra Foods, Inc. and Platinum Equity, a California-based private equity firm, announced that they have entered into a definitive agreement for Platinum Equity to acquire ConAgra Foods’ JM Swank business, a national food ingredient sourcing and distribution company.
ConAgra Foods, Inc. announced it has entered into a definitive agreement to sell its Spicetec Flavors & Seasonings business to Givaudan for approximately $340 million.
Under the terms of the agreement, ConAgra Foods sold the vast majority of its private label operations, which are classified as discontinued operations
ConAgra Foods, Inc. announced the completion of the sale of its private label operations to TreeHouse Foods for proceeds of $2.7 billion in cash, excluding transaction-related expenses and subject to post-closing adjustments.
Immediately following the transaction, which is expected to be completed in the fall of 2016, ConAgra Foods shareholders will own shares of both independent companies. The transaction is expected to be structured as a spin-off of the Lamb Weston business, tax-free to the Company and its shareholders.