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

J. M. Smucker completes acquisition of Blue Acquisition Group

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


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.