H.J. Heinz Company HNZ announced today that it has completed its acquisition of Foodstar from Transpac Industrial Holdings Ltd., a private equity holding company, and various Transpac Funds.
The purchase price consists of a cash payment of $165 million and a potential earn-out payment in 2014 based on the performance of the business.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in