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ConAgra Foods in 'advanced talks' to sell Ralcorp to TreeHouse Foods...

2015-10-24 09:47:25| Food - Topix.net

With rumors swirling that Kellogg is eyeing up Diamond Foods, news of another potential megadeal also hit the wires this week, with ConAgra Foods reportedly in advanced talks to sell its private label business Ralcorp to Treehouse Foods in a deal that could be valued between $2.5bn and $2.7 bn. Citing " people familiar with the matter ", Reuters reported that after considering alternatives, such as selling Ralcorp to a private equity firm or breaking it up, ConAgra is now engaged in negotiations with TreeHouse in an effort to finalize a deal.

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ConAgra Foods Announces $300 M Efficiency Plan, Establishes Chicago Headquarters

2015-10-08 03:58:21| dairynetwork Home Page

ConAgra Foods, Inc. recentlyannounced restructuring plans to improve profitability, advance its growth agenda and unlock shareholder value. ConAgra Foods expects to realize at least $300 million of efficiency benefits within the next three years through a combination of reductions in SG&A and enhancements to trade spend processes and tools

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ConAgra Foods Announces $300 M Efficiency Plan, Establishes Chicago Headquarters

2015-10-08 03:58:21| foodingredientsonline Home Page

ConAgra Foods, Inc. recentlyannounced restructuring plans to improve profitability, advance its growth agenda and unlock shareholder value. ConAgra Foods expects to realize at least $300 million of efficiency benefits within the next three years through a combination of reductions in SG&A and enhancements to trade spend processes and tools

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Bullish Thesis Inevitable With ConAgra Foods Growth Potential And Expected EPS Growth

2015-10-01 22:26:39| Food - Topix.net

Increased focus on strengthening core brands with constant innovations and renovations will attract customers and will improve top-line numbers. ConAgra Foods has been on track to delivering a healthy performance in future years.

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ConAgra Foods announced the relocation of its headquarters to Chicago, Illinois.

2015-10-01 16:57:25| Food - Topix.net

ConAgra is cutting about 1,500 jobs, or approximately 30 percent of its global, office-based workforce, and moving its headquarters to Chicago from Omaha, Nebraska. The company said the job cuts exclude plant positions and do not include any impact from the planned sale of its private label operations.

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