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Campbell Soup to Buy Maker of Rao's Pasta Sauce for $2.7 Billion - Vimarsana News

Campbell Soup to Buy Maker of Rao's Pasta Sauce for $2.7 Billion

(Bloomberg) -- Campbell Soup Co. agreed to buy Sovos Brands Inc. in a deal valued at $2.7 billion, expanding the soupmaker’s presence in frozen meals and giving it a foothold in the premium pasta sauce market.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’

Source: yahoo.com