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TreeHouse Foods to buy Flagstone Foods for $860 mln
date:Jul 01, 2014
m ... to enter the on-trend, rapidly growing $7.1 billon healthy snacks category, TreeHouse Chief Executive Sam Reed said.

ConAgra Foods Inc, which became the largest U.S. private-label food maker since acquiring Ralcorp Holdings for $5 billion in January last year, has struggled with weak sales as consumers opt for healthier meals and cook more.

TreeHouse said it will finance the deal through its existing credit facility and by issuing equity worth $325 million.

The purchase will add about $

12/21 23:49