April 12, 2018 / 8:44 PM / 7 months ago

BRIEF-Premium Brands Holdings Announces Acquisition Of Oberto Meat Snacks

April 12 (Reuters) - Premium Brands Holdings Corp:

* ORATION ANNOUNCES ACQUISITION OF OBERTO MEAT SNACKS, CREATION OF NORTH AMERICAN MEAT SNACK PLATFORM AND EQUITY FINANCING

* COMBINED PURCHASE PRICE FOR COMPANY’S INVESTMENTS IN OBERTO AND MCLEAN IS APPROXIMATELY $237 MILLION

* DEALS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO BOTH PREMIUM BRANDS’ EARNINGS PER SHARE AND FREE CASH FLOW PER SHARE FOR 2018 Source text for Eikon: Further company coverage:

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