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Tag: Campbell Soup Sovos Brands

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Campbell Soup Acquires Pasta Sauce Maker Sovos Brands for $2.7 Billion

Processed food giant Campbell Soup announced on Monday that it has agreed to acquire Rao’s pasta sauce maker Sovos Brands in a deal worth $2.7 billion. Campbell Soup has agreed to pay $23 per share for Sovos Brands compared to the stock’s $18.02 per share...