Tag Archives: Mergers

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Here Are the People Who Could Stop the Whole Foods–Amazon Deal

Source: Grub Street NY

Amazon’s swallowing of Whole Foods understandably has supermarket chains and meal-kit companies alike sweating bullets, but even if they were dead set on blowing up the merger, they really couldn’t; a full derailment would require either angry shareholders (who still have to officially approve it) or a …

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Organic-Yogurt-Maker Stonyfield Could Be Yours for Just $900 Million

Source: Grub Street NY

If you have a Chobani grudge and lots of dollars lying around, the organic-yogurt powerhouse Stonyfield might be calling your name. For months, mega-dairy-company Danone has been trying to close on a $10 billion merger with WhiteWave Foods, maker of the Horizon Organic and Silk brands. To speed …

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‘Thousands’ Will Lose Their Jobs Because of Anheuser-Busch

Source: Grub Street NY

The imminent mega-merger between Anheuser-Busch InBev and SABMiller, the planet’s No. 1 and 2 breweries, is going to result in a slew of layoffs. AB InBev, as it’s awkwardly named, quietly dropped the bomb today in some transaction documents related to the merger. According…More »

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German Drug Company Offers $62 Billion for Monsanto to Merge

Source: Grub Street NY

One-stop shop for Claritin and Roundup?

The German pharmaceutical conglomerate Bayer has made a $62 billion all-cash offer for Monsanto, a deal that would create the world’s largest agricultural supplier. The bid, made by new CEO Werner Baumann, who’s only been on the job for three weeks, would value shares at $122 apiece, a 37 percent premium on Monsanto’s stock price, and the merger is just one of several afoot right now in the agrochemicals industry (the others being Dow Chemical and DuPont and Syngenta and ChemChina).

If the two companies combine, genetically modified seeds, pesticides, and other ag ...

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The Maker of Spam Is Buying an Enormous Organic-Meat Company

Source: Grub Street NY


Spam’s not so sure about these new officemates.

Food conglomerate Hormel — better known as the entity responsible for Spam — has finalized a deal to buy organic deli-meat-maker Applegate Farms for $775 million. The Times says that it’s Hormel’s biggest acquisition ever, and CEO Jeffrey Ettinger thinks it’ll finally make his company, whose only organic food right now is Wholly Guacamole, a competitor in the “holistic product area.”

Applegate prides itself on producing meats like deli turkey, bacon, and so-called “cleaner wieners” that are all-natural, antibiotic-free, GMO-free, and humanely raised — boxes people love to see checked these days. ...

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Kraft and Heinz Will Merge to Make One Giant $40 Billion Food Company

Source: Grub Street NY


Together at last?

Today, America is one step closer to ketchup-flavored macaroni and cheese — or perhaps Oscar Mayer bologna-flavored ketchup. Heinz co-owners Warren Buffett and 3G Capital announced this morning that they’re buying Kraft for an estimated $40 billion, a merger deal that will create the third-largest food company in America, and the fifth largest in the world.

Together, eight of the new megacompany’s combined brands — including Oscar Mayer lunch meats, Planters nuts, Bagel Bites, Maxwell House Coffee, Jell-O, Kraft Singles, and Kool-Aid — will be worth more than $1 billion.

It seems that Buffett is in a ...

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