Campbell to buy LouisvilleHQed Sovos Brands for 27B

Campbell to buy LouisvilleHQed Sovos Brands for 27B

LOUISVILLE — Campbell Soup Co. (NYSE:CPB) will slurp up Sovos Brands Inc. (Nasdaq: SOVO) in a stock deal valued at about $2.7 billion, adding new ingredients to the food giant’s meals and beverages division. Louisville-based Sovos, which moved to Colorado from California several years ago and controls Rao’s pasta sauce,…Read More

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