Campbell Soup expects to close Sovos Brands deal 'within days' of March 11 [Yahoo! Finance]
Sovos Brands, Inc. (SOVO)
Company Research
Source: Yahoo! Finance
within days of March 11 after receiving a certification of compliance from the United States Federal Trade Commission (FTC). The FTC had requested additional information on the transaction in October last year as part of its review of Campbell's proposed acquisition of Sovos, a premium Italian sauces maker. The certification triggers the start of a 30-day waiting period, set to expire on March 11, after which the sale can be finalized. Campbell, which had previously expected the transaction to close in mid-2024, said it will close within days of the waiting period ending. Shares of Sovos Brands were up about 1% in extended trade. (Reporting by Juveria Tabassum; Editing by Tasim Zahid)
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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 Soup completes $2.33 billion Sovos deal after delays [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
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