Intersnack Acquires US Snacks Maker Utz in $2.9 Billion Deal
Germany's private snack company, Intersnack Group, has agreed to acquire New York-listed Utz Brands for approximately $2.9 billion. The deal offers a 91% premium over Utz’s recent share price and will take the US firm private with family shareholders retaining half ownership.
Tickers: $UTZ