Deal snapshot: J.M. SMUCKER TO ACQUIRE BIG HEART PET BRANDS.
MANews-(C)2009-2015
US-based Big Heart Pet Brands has entered into a definitive agreement to be acquired by US-based jam maker The J.M. Smucker Co. (NYSE: SJM) in a cash and stock transaction valued at approximately USD 5.8bn, the company said. Big Heart Pet Brands is headquartered in San Francisco, California and is currently owned by a consortium of investors led by funds affiliated with Kohlberg Kravis Roberts and Co. L.P., Vestar Capital Partners and Centerview Capital.
Country: USA
Sector: Consumer Products
Target: Big Heart Pet...
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