updated - August 8, 2020 Saturday EDT
ConAgra Foods, Inc. has announced in a press release that it will be splitting the company into two independent public companies. The split will allow the two businesses to be more focused and operate on their respective markets and capitalize on their long-term growth opportunities.
TreeHouse Foods Inc. has announced in a press release that it will be acquiring the private brands operations of ConAgra Foods Inc. for $2.7 billion. The transaction will create the largest private label food and beverage manufacturer in the country.
ConAgra Foods, Inc. has announced in a press release a restructuring plan that will realize at least $300 million of efficiency benefits within the next three years through a combination of reductions in SG&A and enhancements in the company’s trade spend processes and tools.
ConAgra Foods has recalled a limited number of Kroger's Break 'N Bake chocolate chip cookie dough packages which were packed with peanut butter cup cookie dough according to the United States Food and Drug Administration's website.