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TreeHouse Foods in advanced talks to acquire Flagstone Foods
date:Jun 27, 2014
Private-label food retailer TreeHouse Foods Inc is in late-stage talks to acquire Flagstone Foods, a maker of dried fruits and nuts, for between $800 million and $900 million, people familiar with the matter said on Thursday.

Oakbrook, Illinois-based TreeHouse Foods has prevailed over Chinese private equity firm Hony Capital Co at the final stage of the auction for Flagstone, which is owned by San Francisco-based private equity firm Gryphon Investors, the people said.

The people cautioned that

12/21 21:48