POST Post Holdings Inc.

Post Holdings and Conagra Brands Announce Completion of Acquisition of Peter Pan® Peanut Butter Brand by Post Holdings

Post Holdings and Conagra Brands Announce Completion of Acquisition of Peter Pan® Peanut Butter Brand by Post Holdings

ST. LOUIS, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST) (“Post”) and Conagra Brands, Inc. (NYSE:CAG) (“Conagra”) today announced that Post has completed the previously announced acquisition of the Peter Pan® peanut butter brand from Conagra, effective today.

About Post Holdings, Inc.

Post Holdings, Inc., headquartered in St. Louis, Missouri, is a consumer packaged goods holding company operating in the center-of-the-store, refrigerated, foodservice, food ingredient and convenient nutrition food categories. Its businesses include Post Consumer Brands, Weetabix, Michael Foods, Bob Evans Farms and BellRing Brands. Post Consumer Brands is a leader in the North American ready-to-eat cereal category and also markets Peter Pan® peanut butter. Weetabix is home to the United Kingdom’s number one selling ready-to-eat cereal brand, Weetabix®. Michael Foods and Bob Evans Farms are leaders in refrigerated foods, delivering innovative, value-added egg and refrigerated potato side dish products to the foodservice and retail channels. Post’s publicly-traded subsidiary BellRing Brands, Inc. is a holding company operating in the global convenient nutrition category through its primary brands of Premier Protein® and Dymatize®. Post participates in the private brand food category through its investment with third parties in 8th Avenue Food & Provisions, Inc., a leading, private brand centric, consumer products holding company. For more information, visit

About Conagra Brands

Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company’s portfolio is evolving to satisfy people's changing food preferences. Conagra’s iconic brands, such as Birds Eye®, Marie Callender's®, Banquet®, Healthy Choice®, Slim Jim®, Reddi-wip®, and Vlasic®, as well as emerging brands, including Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein®, and Frontera®, offer choices for every occasion. For more information, visit .

Post Holdings Contacts:

Investor Relations

Jennifer Meyer



(314) 644-7665

Media Relations

Lisa Hanly



(314) 665-3180

Conagra Brands Contacts:

Media Relations

Dan Hare



(312) 549-5355

Investor Relations

Brian Kearney



(312) 549-5002



EN
25/01/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Post Holdings Inc.

Post Holdings Inc: 2 directors

Two Directors at Post Holdings Inc sold/bought 188,490 shares at between 108.973USD and 109.115USD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directo...

Post Holdings, Inc.: Update to credit analysis

Our credit view of this issuer reflects its solid track record of successful acquisitions and deleveraging, against its large share repurchase program and ongoing acquisition appetite.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Post Holdings, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 3 December 2024 in which we reassessed the appropriateness of the ratings in the contex...

Moody's Ratings assigns B2 rating to Post's proposed senior unsecured ...

Moody's Ratings (Moody's) assigned a B2 rating to Post Holdings, Inc.'s ("Post") proposed senior unsecured notes offering, which includes the expected issuance of $500 million senior unsecured notes due 2034. All other ratings are unchanged, consisting of the company's B1 Corporate Family Rating (CF...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch