McCormick in talks to buy Duke’s Mayo owner Sauer for $1 bln- Bloomberg

Investing.com12-17

Investing.com-- McCormick&Company Incorporated (NYSE:MKC) is in talks to acquire Sauer Brands Inc from Falfurrias Capital Partners (WA:CPAP), Bloomberg reported on Monday evening, with the deal likely...

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Weight-loss drugs draw Americans back to the doctor","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","LU2404859667.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) ACC","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","MKC":"味好美","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","BK4585":"ETF&股票定投概念","LU2404859741.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) INC","BK4588":"碎股","BK4597":"股息贵族","BK4212":"包装食品与肉类","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC"},"translate_title":"味好美正在洽谈以10亿美元收购杜克大学蛋黄酱所有者绍尔-彭博社","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MKC":0.9},"content_text":"Investing.com-- McCormick&Company Incorporated (NYSE:MKC) is in talks to acquire Sauer Brands Inc from Falfurrias Capital Partners (WA:CPAP), Bloomberg reported on Monday evening, with the deal likely to further McCormick’s share of the condiments market. \nA deal could value Sauer, best known for its Duke’s mayonnaise brand, at over $1 billion, the report said. Talks were still ongoing and no deal had been reached, Bloomberg reported, citing people with knowledge of the discussion. \nReports earlier this year showed Falfurrias was contemplating a sale of Sauer. \nMcCormick has steadily expanded its share of the condiments market with acquisitions since its founding in 1889. The company had in 2020 purchased flavor maker Fona International and hot sauce firm Cholula for a combined $1.5 billion. \nRelated Articles\nMcCormick in talks to buy Duke’s Mayo owner Sauer for $1 bln- Bloomberg\nAustralia's PEXA shares jump on naming Grab's Russell Cohen as new CEO\nWeight-loss drugs draw Americans back to the doctor","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492031706"}