Campbell to buy Rao's premium sauces maker Sovos for $2.33 billion | Business Information & News | Westlaw

Campbell to buy Rao's premium sauces maker Sovos for $2.33 billion | Business Information & News | Westlaw

View on Westlaw or start a FREE TRIAL today, Campbell to buy Rao's premium sauces maker Sovos for $2.33 billion, Business Information & News
8/7/23 REUTERS 11:09:25
REUTERS
Copyright (c) 2023 Thomson Reuters
August 7, 2023
Campbell to buy Rao's premium sauces maker Sovos for $2.33 billion
Savyata Mishra; Bengaluru
Shweta Agarwal
Savio D'Souza
Sriraj Kalluvila
(Reuters) -U.S. packaged food maker Campbell Soup will buy Michael Angelo's and Rao's owner Sovos Brands for $2.33 billion in cash, the company said on Monday, beefing up its meals and beverages business with the maker of premium Italian sauces....
---- Index References ----
Company: MARS, INCORPORATED; UNILEVER PLC
News Subject: (Major Corporations (1MA93))
Industry: (Agriculture, Food & Beverage (1AG53); Agriculture, Food & Beverage Industry Highlights (1AG60); Condiments (1CO32); Consumer Products & Services (1CO62); Food & Beverage Production (1FO79); Major Consumer Products Firms (1MA64); Processed Foods (1FO99); Sauces (1SA50))
Language: EN
Other Indexing: (Rao; SOVOS-BRANDS-M-A-CAMPBELL; Mars Inc; Unilever)
Keywords: ma
Word Count: 315
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