In the spotlight: Hillshire diversifies with Pinnacle deal
Hillshire Brands has unveiled plans to acquire US peer Pinnacle Foods in a cash-and-shares deal worth US$6.6bn. The company argues…
Tyson, Hillshire strike deal on takeover
The US meat giant is set to buy the maker of Jimmy Dean sausages for US$8.55bn after a bidding war with processing rival Pilgrim's Pride – and scuppering Hillshire's own plan to buy another US group, Pinnacle Foods.
US: Hillshire Brands to buy US peer Pinnacle Foods
Hillshire Brands has struck an agreement to buy fellow US food group Pinnacle Foods in a cash-and-shares deal worth US$6.6bn.
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