Faegre, Hogan Lovells Steer General Mills’ $1.2B Deal with Tyson
“In its latest assignment for longtime client General Mills Inc, Faegre Drinker Biddle & Reath is advising the company on its $1.2 billion all-cash purchase of Tyson Foods Inc’s pet food business,” reports Sierra Jackson in Reuters’ Legal.
“Tyson Foods turned to a team from Hogan Lovells for the sale, which comes as people are increasingly adopting cats and dogs amid the COVID-19 pandemic.”
“Minneapolis-based General Mills announced the acquisition plans on Friday as part of its efforts to reshape its pet food portfolio, which will add the Nudges, Top Chews and True Chews brands to its holdings.”