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Business

Campbell Soup completes $2.33 billion Sovos deal after delays

Campbell Soup completes $2.33 billion Sovos deal after delays

(Reuters) - Campbell Soup has completed the acquisition of Rao's Homemade-owner Sovos Brands, the U.S. packaged food maker said on Tuesday, weeks after receiving clearance from the Federal Trade Commission. The closing of the $2.33-billion deal, announced in August...

3M hires outsider Bill Brown as CEO, shares jump

3M hires outsider Bill Brown as CEO, shares jump

By Ananta Agarwal (Reuters) -Industrial conglomerate 3M has tapped Bill Brown, the former top boss at L3Harris Technologies, as its next CEO, betting on an outsider to steer the company through a period of slowing sales and the fallout of multiple lawsuits. The...

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