ConAgra Foods (CAG) Completes Frozen Meals Asset Acquisition from Unilever

August 20, 2012 12:01 PM EDT
ConAgra Foods, Inc., (NYSE: CAG) announced today that it has completed its acquisition of the Bertolli and P.F. Chang’s Home Menu frozen meals businesses from Unilever PLC, for total cash consideration of $267 million, subject to adjustment. The company announced the acquisition agreement on July 30, 2012.

The acquisition includes the frozen meals businesses, a license for use of the Bertolli brand name and the transfer of Unilever’s existing license with P.F. Chang’s for use of the P.F. Chang’s Home Menu brand name.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Mergers and Acquisitions


Edward Mezvinsky on 2012-08-20 13:59:44
Mark as Spam | Reply to this comment

Big mergers are about to happen.

Michael Calaizzo on 2012-08-20 13:58:46
Mark as Spam | Reply to this comment

Goldman Sachs really got Facebook

Add Your Comment