Page 14 - Corn Nuts News Today

Hormel Foods is going nuts. The Austin, Minnesota-based company, known for its meat brands like Spam and Applegate, said Thursday it is buying the Planters nu

UK coronavirus variant on course to sweep the world, leading scientist says A variant of the coronavirus that first emerged in the U.K. could become the dominant form worldwide, the head of the U.K.s virus surveillance program says. AstraZeneca sales rise 10% in 2020, drugmaker sees revenue growth ahead AstraZeneca has featured prominently in 2020 because of its coronavirus vaccine, although it has said will not profit from the inoculations during the pandemic. Everyone and their (female)...

BW Businessworld Kraft Heinz To Sell Planters, Corn Nuts Brands To Hormel For $3.35 Billion Sales grew 6.2% to $6.94 billion in the three months ended Dec. 26, beating the average estimate of $6.82 billion Photo Credit : Kraft Heinz Co said on Thursday that it plans to sell its nuts business - including most Planters and Corn Nuts products - to Hormel Foods Corp for $3.35 billion, sending shares up 6%. The Chicago-based company has been trying to streamline its portfolio and focus on more accr...

AUSTIN, Minn. - Hormel Foods is going nuts. The Austin company, known for its meat brands like Spam and Applegate, said Thursday it is buying the Plan...

Top story Chicken Tonight owner Symington’s has hired advisors to explore sale options as the ambient food group has capitalised on increased consumer demand under Covid lockdowns that have amplified the effects of a successful turnaround. Private equity owner ICG, which has backed the business since a £72m buyout in 2012, has appointed investment bank Houlihan Lokey to seek a potential exit, according to City sources. The sale process is still at a very early stage, but interest from PE fir...

Hormel Foods of Austin, Minnesota, known for its meat brands such as Spam and Applegate, said Thursday it is buying the Planters nut business from Kra ...

Kraft Heinz is passing on its nut business to packaged food peer Hormel Foods Corp for $3.35bn in cash.

The deal with Hormel Foods stands to benefit both companies

The deal, which is expected to close in the first half of 2021, includes global intellectual property rights to brands including Planters and Corn Nuts

Kraft Heinz Co said on Thursday it was selling its nut business to packaged food peer Hormel Foods Corp for $3.35 billion in cash.