Hain mulls protein unit sale, paving way for potential acquisition of company [CNBC]
The Hain Celestial Group, Inc. (HAIN)
Last the hain celestial group, inc. earnings: 2/6 07:30 am
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Source: CNBC
Hain Celestial said it is exploring a sale of its protein business. The sale could pave the way for an acquisition of the whole company, sources tell CNBC. Potential acquirers in the past have balked over the company's mish-mash of businesses, which made it difficult for one buyer to acquire it. Lauren Hirsch Published 1 Hour Ago CNBC.com Scott Mlyn | CNBC Irwin Simon, CEO, Hain Celestial Hain Celestial announced Wednesday it is exploring a sale of its protein business, which sources say could pave the path for an acquisition of the company. The owner of Alba Botanica skin and hair care products and Terra Chips has long been an acquisition target, and a willing seller at the right price, sources have told CNBC. Many of the country's largest food companies looked and passed, though, because there is no one clear buyer for all of its brands . Getting rid of the protein business could help s
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News
- Hain Celestial Announces Fiscal Third Quarter 2024 Results Conference Call and WebcastGlobeNewswire
- Hain Celestial: Eyes On Business Sale And Upcoming Results [Seeking Alpha]Seeking Alpha
- The Hain Celestial Group, Inc. (NASDAQ: HAIN) had its price target lowered by analysts at Barclays PLC from $11.00 to $8.00. They now have an "equal weight" rating on the stock.MarketBeat
- Shelf-Stable Food Stocks Q4 Results: Benchmarking Hain Celestial (NASDAQ:HAIN) [Yahoo! Finance]Yahoo! Finance
- Shareholders in Hain Celestial Group (NASDAQ:HAIN) are in the red if they invested three years ago [Yahoo! Finance]Yahoo! Finance
HAIN
Earnings
- 2/7/24 - Beat
HAIN
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 3
- 3/18/24 - Form 8-K
- HAIN's page on the SEC website