Kraft Heinz sells Planters peanuts to Hormel
Kraft Heinz has agreed to sell its legacy nuts business, Planters, to Minnesota-based Hormel Foods for $3.35 billion.
Source: chicagotribune.com
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Kraft Heinz sells Planters brand to Hormel Foods | iNFOnews | Thompson-Okanagan's News Source
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 Plante...
Source: infotel.ca
Hormel Foods to buy Planters Nut business from Kraft Heinz
Hormel Foods is purchasing Kraft Heinz's nuts business, which contributed about $1.1 billion to net sales in 2020.
Source: wctrib.com
Hormel makes its biggest deal ever, buying Planters for $3.3 billion
It's the biggest deal Hormel has ever made and will add more than $1 billion
Source: startribune.com
11Feb2021 Midday Update: Wall Street In The Green, DOW Flat +10 Points At 12 Noon ET, Nasdaq +0.5%, WTI Crude 58.52, Bitcoin At 47870
Jobless claims worse than expected as pandemic-related filings surge (SPY +0.2%). DOW records new historic high then slips to the unchanged line. Here is the current market situation from CNN Money North and South American markets are mixed today. The Bovespa is up 1.09% while the S&P 500 gains 0.18%. The IPC is off 0.46%. What Is Moving the Markets Here are the headlines moving the markets. IEA: OPEC+ To Further Ease Cuts Amid Quickly Drawing Oil Stocks While the oil market rebalancing looks fragile in the first quarter of 2021, global oil stocks are expected to rapidly draw down in the s...
Source: econintersect.com