Food and beverage M&A continues to recover from pandemic levels, anchored by larger transactions like General Mills’ (NYSE: GIS) $1.2 billion planned acquisition of Tyson Food’s pet food unit. The market awards a premium to historical valuations for public companies in the Better-for-You, Produce, Ingredients, Beverages, and Pet categories, according to a recent report from Duff & Phelps, a Kroll Business.
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