JM Smucker Co. is selling its iconic line of Crisco oils and shortening to B&G Foods for $550m cash in a deal that allows it to dedicate more resources to its “core growth platforms” while simultaneously strengthening B&G’s small but growing baking...
B&G Foods, PepsiCo, Conagra Brands, Mars Inc and Land O’Lakes have all agreed to remove legacy logos that allegedly have racists connotations amid growing pressure from the Black Lives Matter movement in the US.
New York-listed TreeHouse Foods has agreed to sell its Snacks Division - one of North America's largest producers of private label healthy snacks - to Atlas Holdings for $90m.