Campbell & Sovos certify FTC compliance; 30-day wait ends March 11, deal close expected soon after

CAMPBELL'S Co

Campbell (CPB) and Sovos (SOVO) certified substantial compliance with FTC's Second Request on Feb 13, 2024.
Certification triggers a 30-day waiting period set to expire on March 11, 2024.
Companies expect to close Campbell's acquisition of Sovos within days after March 11, subject to customary conditions.
Campbell CEO Mark Clouse said Sovos portfolio strengthens Meals & Beverages division; Sovos CEO Todd Lachman expressed confidence in completing the acquisition.

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