trending Market Intelligence /marketintelligence/en/news-insights/trending/zbb15PftzzNguNFcOtQ7hg2 content esgSubNav
In This List

J. M. Smucker completes acquisition of Blue Acquisition Group

Blog

Insight Weekly: Fed's policy stance; overdrafts under scrutiny; energy stocks rally

Blog

Q1’21 U.S. Power Forecast

Blog

Post COVID-19: Gold Mining and Production

Case Study

Supporting the Strategic Overhaul of a Large Corporation’s Credit Risk System


J. M. Smucker completes acquisition of Blue Acquisition Group

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.