TreeHouse to scoop up ConAgra's private brands for $2.7B

Posted online November 2, 2015 | 12:33 pm

Private-label food manufacturer TreeHouse Foods announced it would buy ConAgra Foods' private brands business for $2.7 billion.

The deal would comprise $1.8 billion in new debt and about $1 billion in the issuance of stock.

The acquisition is expected to expand TreeHouse's dry and refrigerated grocery business.

Read more from Reuters.

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