Refresco Acquires SunOpta for $6.50 Per Share in Strategic Beverage Deal
Beverage giant Refresco to acquire SunOpta for $6.50/share in cash, expanding its plant-based beverage portfolio and North American presence. Deal expected Q2 2026.
/ 77 items
#Consumer Staples↓
PepsiCo Slashes Prices Up to 15% on Popular Snacks Amid Consumer Affordability Crisis
PepsiCo cuts prices on Lay's, Doritos by up to 15% as inflation-hit consumers demand relief. Company beats Q4 expectations, focuses on portion control and brand refresh.
Hain Celestial Sells Snacks Business for $115M to Focus on Core Brands
Hain Celestial sells North American snacks unit including Terra chips to Canadian manufacturer for $115M, streamlining portfolio to boost margins and reduce debt.
McCormick Faces Margin Pressure Despite Sales Growth in 2026 Outlook
McCormick forecasts lower-than-expected 2026 profits as tariffs, commodity costs, and changing consumer habits squeeze margins despite strong sales projections.
Smithfield Foods Snaps Up Nathan's Famous Hot Dogs for $450M
Smithfield Foods acquires iconic Nathan's Famous hot dog brand for $450 million, securing perpetual rights to grow the beloved all-beef frankfurter business.
Berkshire Hathaway May Exit Kraft Heinz Investment After Years of Struggles
Kraft Heinz shares fell 5% after Berkshire Hathaway filed to potentially sell its entire 27% stake worth $7.7 billion, marking the end of a disappointing decade-long investment.