date:Jan 30, 2013
US-based ConAgra Foods has completed the acquisition of Ralcorp, a manufacturer of private label food products in the US, for $6.8bn.
The completion of the deal follows approval of the acquisition by Ralcorp's shareholders and the receipt of all required regulatory approvals.
The acquisition has created one of the largest packaged food companies in North America, with combined workforce of more than 36,000 and annual sales expected to be approximately $18bn.
It also positions ConAgra Foods as