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Hershey Bolsters Nutritious Snack Lineup With Acquisition Of ONE Brands
Wednesday, August 28, 2019 - 9:08am | 319Hershey Co (NYSE: HSY) is known for its line of chocolate bars, but the company is looking to expand its presence in the nutritious snack space through the acquisition of ONE Brands. What Happened Hershey said in a press release it reached an agreement to acquire ONE Brands, a maker of low-sugar,...
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Analyst: As The Food Sector Consolidates, Hain Celestial Could Be Attractive M&A Target
Tuesday, December 19, 2017 - 3:59pm | 413Two notable M&A deals in the food sector have many investors questioning which company could be the next to sell itself at a premium. The answer may be Hain Celestial Group Inc (NASDAQ: HAIN), according to Maxim Group. The Analyst Maxim Group's Anthony Vendetti maintains a Buy...
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Hershey Looks Sweeter On M&A, Possible Tax Cut, Berenberg Says
Monday, December 18, 2017 - 3:24pm | 391Hershey Co (NYSE: HSY)'s acquisition announcement of snackmaker Amplify Snack Brands Inc (NYSE: BETR) earned the chocolate company a nod of approval from one Wall Street analyst. The Analyst Berenberg's Fintan Ryan upgraded Hershey's stock rating from Sell to Hold with a price target...
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Mmm, Mmm Mergers: M&A In The Food Sector
Monday, December 18, 2017 - 11:19am | 437Monday's session featured two notable M&A deals in the food sector. Hershey Co (NYSE: HSY) agreed to acquire Amplify Snack Brands Inc (NYSE: BETR) in a deal which values the company at $12 billion. And Campbell Soup Company (NYSE: CPB) agreed to acquire Snyder's-Lance Inc (...