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New Deal


Announced

Campbell acquired Snyder's Lance for $50 per share.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium37.5%
One Off Charge-

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United States

Acquisition

Friendly

Public

Single Bidder

Food Products

snack foods

Pending

Synopsis

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Campbell Soup Company and Snyder’s-Lance announced that the companies have entered into an agreement for Campbell to acquire Snyder’s-Lance for $50.00 per share in an all-cash transaction. The purchase price represents a premium of approximately 27 percent to Snyder’s-Lance’s closing stock price on Dec. 13, 2017, the last trading day prior to media reports regarding a potential transaction. The acquisition, which has been approved by the Boards of Directors of both companies, will enable Campbell to expand its portfolio of leading snacking brands.

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