Pilgrim's Pride

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Focus: Tyson pays the piper to secure Hillshire

Tyson Foods has won through in the bidding war to acquire Hillshire Brands with an improved US$63 per share offer for the for the Jimmy Dean...

Comment: US food sector sees rising valuations

The dramatic M&A battle being played out in the US protein space comes as fresh evidence that food companies are willing to pay top-dollar f...

Focus: Tyson raises stakes in bid for Hillshire

Tyson Foods entered fray today (29 May) when it issued a fresh bid for Hillshire Brands, trumping an earlier offer from Pilgrim's Pride. Lik...

Editor's viewpoint: Seeing the value in being lean

With the bidding war for Hillshire Brands intensifying, it is pertinent to point out just how correct Sara Lee's management - and those on W...

Latest News

Hillshire posts strong results ahead of sale 14 Aug 2014

Dean Best

US food group Hillshire Brands, set to be taken over by meat giant Tyson Foods, has reported a year of increasing sales and profits.


Cost control helps Pilgrim's Pride profits 31 Jul 2014

Dean Best

US poultry processor Pilgrim's Pride has reported higher half-year profits as a lower cost of sales helped offset a dip in sales.


Tyson sells Mexico, Brazil ops to JBS 28 Jul 2014

Dean Best

Tyson Foods has struck a deal to sell its operations in Mexico and Brazil to meat processing rival JBS.


Tyson, Hillshire confirm takeover 2 Jul 2014

Katy Askew

Tyson Foods and Hillshire Brands today (2 July) entered into a "definitive" agreement that will see the US meat processor acquire the maker of Jimmy Dean sausages for US$8.55bn.


Pinnacle to cut debt with Hillshire break fee 1 Jul 2014

Katy Askew

Pinnacle Foods plans to use the break-up fee it will receive from the termination of its proposed agreement to be sold to Hillshire Brands to lower its debts.

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