Campbell Soup completes $2.33 billion Sovos deal after delays [Yahoo! Finance]
Sovos Brands, Inc. (SOVO)
Company Research
Source: Yahoo! Finance
The closing of the $2.33-billion deal, announced in August last year, was pushed to mid-2024 from December after the FTC requested additional information in October. However, in February, Campbell said it would close the deal within days of March 11, the last day for a waiting period to expire following the issuance of compliance. Campbell has created a new business unit called "distinctive brands" within its meals and beverages division to include Sovos Brands, which consists of pasta sauces, dry pasta, soups, frozen pizza and yogurts. (Reporting by Granth Vanaik in Bengaluru; Editing by Sriraj Kalluvila)
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SOVO
News
- Campbell Soup CEO on Rao's pasta sauce deal: We have now entered our next chapter [Yahoo! Finance]Yahoo! Finance
- Campbell Completes Acquisition of Sovos Brands, Inc. [Yahoo! Finance]Yahoo! Finance
- Flagship Food Group Rebrands to Insignia International and Will Unveil New Logo Live at Natural Products Expo West [Yahoo! Finance]Yahoo! Finance
- Flagship Food Group Rebrands to Insignia International and Will Unveil New Logo Live at Natural Products Expo WestBusiness Wire
- Campbell Soup Co (CPB) Reports Mixed Fiscal Q2 2024 Results Amidst Pending Sovos Brands Acquisition [Yahoo! Finance]Yahoo! Finance
SOVO
Earnings
- 2/28/24 - Beat
SOVO
Sec Filings
- 3/12/24 - Form 25-NSE
- 3/12/24 - Form S-8
- 3/12/24 - Form POS
- SOVO's page on the SEC website