McCormick (MKC) is in talks to acquire Sauer Brands from Falfurrias Capital partners, Gillian Tan and Liana Baker of Bloomberg reports, citing people with knowledge of the matter. The transaction could value the company at more than $1B, one source said. An agreement has not yet been reached, and talks could still end without one.
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Read More on MKC:
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- McCormick raises quarterly dividend to 45c from 42c per share
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