Fitch Expects More Strategic M&A Activity in Packaged Foods
Additional merger and acquisition (M&A) activity could be forthcoming for U.S. packaged food companies as they try to enhance their sales growth, according to Fitch Ratings. The recent large acquisition involving Kraft Food Inc.’s (KFT) combination with Cadbury plc may be the beginning of heightened M&A activity for the sector. Fitch says [...]
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