The J. M. Smucker Company on March 23 completed its acquisition of Blue Acquisition Group Inc. for a transaction value of $5.77 billion.

The company offered $10.06 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

William Blair & Co. LLC was the financial adviser for J. M. Smucker, and Wachtell Lipton Rosen & Katz LLP was the legal adviser.

Morgan Stanley & Co. LLC and Centerview Partners LLC were the financial advisers for Blue Acquisition Group, while Proskauer Rose LLP and Simpson Thacher & Bartlett LLP were the legal advisers.