Ferrero, Hostess, B&G Foods bid on Kellogg's Keebler and Famous Amos cookie business [CNBC]
Campbell Soup Company (CPB)
Last campbell soup company earnings: 3/4 07:30 am
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Source: CNBC
Ferrero, Hostess, B&G bid on Kellogg's Keebler and Famous Amos cookie business Daniel Acker | Bloomberg | Getty Images A box of Kellogg's Famous Amos brand cookies is arranged for a photograph in Tiskilwa, Illinois. Hostess Brands B&G Foods Kellogg announced the sale of its cookie brands last year. Other brands up for sale include Murray and Mother's cookies and Stretch Island fruit snacks. Private equity firms are also competing for the cookie brands, the people said. The sale comes as Kellogg competitor, Campbell Soup has also attracted Ferrero Mondelez Kraft Heinz Campbell and Kellogg are among the many Big Food brands that are paring down their portfolios to be more nimble as they struggle to kick-start growth. Other examples include Kraft Heinz, which last year announced the sale of its Indian food business, Complan and General Mills Those sales have created opportunity for companies like Ferrero, Hostess and B&G that have looked to deals to broaden their reach. Italy-based Ferre
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CPB
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- 3/6/24 - Beat
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Sec Filings
- 4/16/24 - Form 8-K
- 4/8/24 - Form 4
- 4/4/24 - Form 144
- CPB's page on the SEC website