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M&A activity in the U.S. food and drinks market continues to pick up, as evidenced by several notable transactions in the ready-to-drink coffee and premium sectors.
The Sovos deal will fulfil Campbell’s objective of having a $1bn sauces business on board, but it may face challenges elsewhere.
The latest luxury fashion M&A deal drew a mixed response from pros on Wall Street and in the industry.
Fans are worried, but the soup maker says it won't touch the sauce.
NEW YORK — Campbell Soup is set to buy Sovos Brands, the maker of Rao's pasta sauces.