RSS feed
Posts Tagged ‘
pinnacle foods
’Blackstone in $1.3bn Birds Eye deal
Birds Eye Foods is being sold by its private equity owners for $1.3bn to Blackstone’s Pinnacle Foods, it was announced on Thursday. The deal, to be funded with $300m in additional equity from Blackstone and $1bn in debt,
Blackstone seen in $1.2bn Pinnacle Foods deal
Blackstone is expected to buy Pinnacle Foods, owner of Duncan Hines cake mix, Mrs. Butterworth’s pancake syrup and Vlasic pickles for about $1.2 bn, the Wall Street Journal reported on Monday.
The deal also includes the assumption of $900m in debt,