Sara Lee agrees to acquire Earthgrains for $1.71 billion

Article Abstract:

Sara Lee Corp. has reached a deal to acquire Earthgrains Co. for approximately $1.71 billion (2.01 billion euros) in cash. Sara Lee is offering $40.25 per share for all of Earthgrains' outstanding stock.

Bakery Products, Bread and Bakery Product Manufacturing, Groceries and related products, not elsewhere classified, Grocery Products NEC Whsle, Other Grocery and Related Products Wholesalers, Baked goods, Baked products industry, Baked goods industry, Earthgrains Co., Food distributors, Sara Lee Corp. Jimmy Dean Foods Div.

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Ahold is in talks to acquire Alliant in U.S

Article Abstract:

Ahold N.V. is engaged in advanced negotiations to acquire Alliant Foodservice Inc. The value of the possible deal is set at about $1.5 billion (1.65 billion euros).

Strategy & planning, Netherlands, Groceries & Rel Prods Whsle, Grocery and Related Product Wholesalers, Grocery stores, Groceries and Related Products, Koninklijke Ahold N.V., Alliant FoodService Inc.

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Delhaize to acquire U.S. grocery chain in 3.4 billion euros deal

Article Abstract:

Delhaize "Le Lion" SA has reached an agreement to acquire Hannaford Brothers Co. for $3.6 billion (3.4 billion euros). Delhaize is a division of Food Lion Inc. Hannaford is a medium-sized grocer that is based in the northeastern part of the US. The acquisition will mean a major expansion of Delhaize's presence in the US marketplace. The unit will become the sixth-ranked food retailer in the US.

Author: Carreyrou, John
Foreign operations, Grocery Stores, Belgium, Abstract, Hannaford Brothers Co., Delhaize Le Lion S.A.

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Subjects list: United States, Mergers, acquisitions and divestments, Grocery industry, Grocery stores, Wholesale industry, Wholesale trade, Supermarkets
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