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Business - KSYL-AM

Justin Sullivan/Getty Images(NEW YORK) -- The Campbell Soup Company is expanding its presence on grocery store shelves with a new deal to acquire Sovos Brands Inc., the maker of Raos pasta sauces and noosa yogurt. At $23 per share, the total enterprise value of the acquisition is approximately $2.7 billion, the companies announced in a joint press release on Monday. The premium pasta sauces first hit shelves in 1992 to bring home cooks a signature taste of the legendary 10-table New York City re...
New York United States Mark Clouse Michael Angelo Todd Lachman Sovos Brands Inc
Source: ksyl.com

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