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ConAgra Foods Completes Unilever's North American Frozen Meal Biz Acquisition

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8/20/2012 12:27 PM ET

ConAgra Foods Inc. (CAG: Quote) has completed acquisition of the Bertolli and P.F. Chang's Home Menu frozen meals businesses from Unilever plc (UL: Quote,ULVR.L,UN: Quote).

The company, on July 30, had announced the acquisition of Bertolli and P.F. Chang's brand for $267 million, to improve its North American frozen meals business.

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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