Hostess Brands, a US-based bankrupt producer of bakery products, has attained US Bankruptcy Court approval to sell its Drake's snack cake brand as well as four of its northwest regional bread brands in separate transactions that are ...
US snack food manufacturer McKee Foods has been selected as the leading stalking horse bidder to acquire Hostess Brands' Drake's snack cake business for $27.5m. Hostess Brands stated that the deal will be presented to the US Bankruptcy ...
Tags: Mckee Foods, Drake's Snack Cake, Food
A consortium of two private-equity firms has emerged as the lead bidder for the majority of Hostess Brands' cake business, including the Twinkies brand. Apollo Global Management and Metropoulos submitted a US$410m offer for the Hostess ...
Hostess Brands, the bankrupt producer of bakery products in US, has selected affiliates of Apollo Global Management and Metropoulos as stalking horse bidders for majority of its snack cake business, including Twinkies brand. Apollo Global ...
Canadian dairy firm Saputo has signed a deal to acquire the Morningstar business of Dean Foods. The US$1.45bn deal will be financed through a newly-committed bank loan, Saputo said today (3 December). The acquisition will help expand the ...
Tags: dairy, Morningstar, Dean Foods, acquire
US based private equity firm Apollo Global Management (APO) is said to be ahead of its rivals Philip Falcone's Harbinger Group in bidding race to purchase Aviva US life insurance and annuities unit. Sources familiar with the development ...
Tags: Apollo Global Management, Philip Falcone, bidding race