Aug 8, 2023

Campbell Is Buying Rao’s. Fans Are Worried, but the Soup Maker Says It Won’t Touch the Sauce

NEW YORK—Campbell Soup is set to buy Sovos Brands, the maker of Rao’s pasta sauces. In a Monday announcement, the two companies said they had entered an agreement for Campbell's to acquire Sovos for $23 per share in cash—reflecting a ...