J.M. Smucker nears deal to buy Twinkies-owner Hostess Brands - WSJ

Hostess Brands

11/09/2023 03:33

Sept 10 (Reuters) - J.M. Smucker  SJM.N  is nearing an
agreement to buy Twinkies maker Hostess Brands  TWNK.O , in a
deal that would likely be in the neighbourhood of $4 billion,
the Wall Street Journal reported on Sunday, citing sources.
    Both companies did not immediately respond to Reuters'
request for comments outside regular business hours.

 (Reporting by Dimpal Gulwani in Bengaluru; Editing by Rashmi
Aich)
 ((Dimpal.Gulwani@thomsonreuters.com;))