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ConAgra Foods Inc Completes Acquisition of Bertolli and P.F. Chang`s Frozen Meals Businesses from Unilever PLC
ConAgra Foods Inc announced that it has completed its acquisition of the Bertolli and P.F. Chang`s Home Menu frozen meals businesses from Unilever PLC, for total cash consideration of $267 million, subject to adjustment. The company announced the acquisition agreement on July 30, 2012. The acquisition includes the frozen meals businesses, a license for use of the Bertolli brand name and the transfer of Unilever`s existing license with P.F. Chang`s for use of the P.F. Chang`s Home Menu brand name.
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