Post Holdings Inc. agreed to acquire Michael Foods Group Inc., the processing and distribution company controlled by Goldman Sachs Group Inc.’s private-equity arm, for $2.45 billion to strengthen its position in protein-based foods.

Post obtained commitments from lenders to provide as much as $1.765 billion in credit facilities, including a bridge loan of as much as $340 million, it said in a statement today. The financing and cash on hand will pay for the purchase.

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