Our January 10th newsletter features an article about Krupa Global Investments’ opposition to Kraft Heinz pursuing the international assets of Campbell’s Soup. “This auction process may be great for Dan Loeb and Campbell’s Soup but it does nothing for Kraft Heinz and its shareholders. Campbell’s Soup is selling its international assets for a reason; thus we are concerned that these assets could be a drain on Kraft Heinz’s profitability and add to its debt. We strongly oppose Kraft Heinz’s participation in this auction and will organize a strong campaign against it if necessary,” said Pavol Krupa, Chairman of Krupa Global Investments. Krupa is one the largest shareholders in Kraft Heinz. Read more here.
Regional Merger and Acquisition News:
- M*Modal Technology Business Acquired by 3M
- Aqua Pennsylvania Closes Purchase of East Bradford Wastewater System
- Phoenix Rehabilitation Sold to Audax
- Incline Equity Re-Acquires Caldwell & Gregory
- Coen Markets completes CoGo’s
- Incline Equity Partners Invests in Charter Industries Extrusions
- NeuBase Therapeutics Merges with Ohr Pharma
- McCarl’s Management Buys the Company
Middle Market News: