Plus   Neg

Conagra Brands In Talks To Sell Hebrew National To Brazil's JBS : Report

Conagra Brands Inc. (CAG) is in talks to sell famous hot dog brand Hebrew National to Brazil's JBS SA, the Wall Street Journal reported citing people familiar with the matter.

Hebrew National is a brand of kosher hot dogs and other sausages made by ConAgra Foods.

According to the report, the deal could also include the Egg Beaters and Odom's Tennessee Pride brands. It could be valued at around $700 million.

Any agreement is likely weeks away and Conagra could end up keeping the business or selling it to someone else, the Journal reported.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Walmart has dropped the requirement of masks for customers and members who are fully vaccinated against COVID-19 while they are at the store. This is based on the latest guidance issued by the Centers for Disease Control and Prevention late last week. The retail giant also announced a cash bonus for all fully vaccinated associates. Amazon announced the launch of WorkingWell, a new comprehensive program providing employees with physical and mental activities, wellness exercises, and healthy eating support, across its U.S. Operations. The program has a number of components covering training and conditioning, wellness services, and technology. Each of WorkingWell's components were developed in collaboration with employees. The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert for around 165 pounds of imported frozen Siluriformes products. The products were imported from Brazil, which is ineligible to export Siluriformes products to the United States.
Follow RTT