TreeHouse Foods surges as Investindustrial seals $2.9 bln buyout

TreeHouse Foods

10/11/2025 13:09

** Packaged foods maker TreeHouse Foods THS.N shares jump 19.69% to $22.80 premarket after Investindustrial announces $2.9 bln all-cash acquisition

** Shareholders to receive $22.50/shr in cash plus contingent value rights (CVR) tied to potential litigation recovery from Keurig Green Mountain

** Co says the CVR gives shareholders potential upside from TreeHouse's antitrust lawsuit against Keurig Green Mountain, which seeks up to $1.5 bln in damages over alleged monopolistic practices in the single-serve coffee market

** Deal delivers a 38% premium to TreeHouse's closing price of $16.30 per share on September 26, before news of the company going private emerged

** THS also reported Q3 net loss of $265.8 mln due to goodwill impairment; outlook withdrawn amid acquisition

** THS stock down 45.77% YTD, as of last close

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))