KHC - Public offerings

Believes Change is Needed in the Boardroom in Order For US Foods to Fulfill Its Significant Potential and Finally Deliver For Stockholders Visit www.makeUSFDdeliver.com for Additional Information and Resources, Including New Investor Presentation Encourages Stockholders to Vote on the GOLD Card to Elect Sachem Head's Five Highly Qualified Nominees Sachem Head Capital Management LP ("Sachem Head"), a beneficial owner of approximately 8.7% of the outstanding common stock of US Foods Holding Corp. (NYSE:USFD) ("US Foods", "USFD" or the "Company"), today sent a letter to its fellow stockholders outlining why it believes significant change is needed in the boardroom of US Foods in order for t

Believes Its Highly Qualified Nominees Could Help Oversee a Much Needed Operational and Cultural Reset at US Foods Looks Forward to Engaging with Fellow US Foods Stockholders with the Goal of Helping the Company Fulfill Its Significant Potential and Close the Valuation Gap Compared with Peers Sachem Head Capital Management LP ("Sachem Head"), a beneficial owner of approximately 8.7% of the outstanding common stock of US Foods Holding Corp. (NYSE:USFD) ("US Foods" or the "Company"), today announced that it has nominated seven highly qualified candidates for election to the US Foods Board of Directors at the Company's 2022 Annual Meeting of Stockholders (the "2022 Annual Meeting"). Sachem

The Kraft Heinz Company (NASDAQ:KHC) ("Kraft Heinz" or the "Company") today announced the pricing of the previously announced underwritten registered public offering (the "Offering") by certain affiliates of 3G Global Food Holdings LP of 30,596,465 shares of Kraft Heinz common stock (the "Common Stock") pursuant to Kraft Heinz's shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). Gross proceeds from the Offering of Common Stock are approximately $1.1 billion. The Company will not receive any proceeds from the Offering. BofA Securities is acting as the sole underwriter for the Offering and proposes to offer the Common Stock from time to time for sale

AUSTIN, Minn., June 7, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced the closing of its acquisition of the Planters® snacking portfolio from the Kraft Heinz Company (Nasdaq: KHC). The acquisition includes the Planters®, NUT-rition®, Planters® Cheez Balls and Corn Nuts® brands, as well as three production facilities. "This is an important day for Hormel Foods as we close the largest acquisition in our company's history. As a global branded food company, we have been making a purposeful and strategic shift in our portfolio of brands and products, which includes enhancing our snacking offerings. The Planters® snacking business is an important cornerstone to this stra