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Hormel To Buy Skippy Peanut Butter Brand For $700 Million

From ValueWalk
January 3, 2013 - 8:43am
Hormel Foods Corporation (NYSE:HRL) has agreed to purchase the Skippy peanut butter brand from Unilever plc (NYSE:UL). Hormel said in a statement that the deal is worth around $700 million. The Minnesota Spam maker said it expects sales of Skippy…The post Hormel To Buy Skippy Peanut Butter Brand For $700 Million appeared first on ValueWalk.

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