Growth-equity firm Stride Consumer Partners acquired a majority interest in Clio, the refrigerated Greek yogurt bar maker on track to produce more than 150 million bars this year.
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B&G Foods and Quebec-based Nortera Foods ended their agreement on October 6 for Nortera to buy B&G's Green Giant and Le Sieur businesses in Canada after the Competition Bureau moved to block it. B&G said it will keep exploring other options for its Canadian Green Giant vegetable business.
ANTA Sports completed its purchase of a 29.06% stake in PUMA from Artémis, the Pinault family's investment company, for €1,505.5 million in cash. After regulatory approvals, ANTA is now PUMA's largest shareholder and says it will respect the brand's independence while supporting its turnaround.
Ariel Investments urged Mattel to explore strategic alternatives; Authentic Brands Group has reportedly shown interest in an offer valuing Mattel around $6 billion.
Curaleaf formally filed its increased cash-and-stock offer for Aurora Cannabis, worth an implied US$5.00 per share, an 86% premium to the unaffected price.