After months of speculation, Conagra Brands divests the shelf-stable pasta meals brand to private-equity portfolio company.

The sale comes as the CPG giant focuses on its core snacks and frozen meals offerings, including Slim Jim and Healthy Choice.

Conagra Brands is set to divest its Chef Boyardee shelf-stable pasta business to Hometown Food Company for $600m in cash.

Conagra Brands has agreed to sell canned pasta brand Chef Boyardee to Hometown Foods for $600 million in cash.Why it matters: ...

Chicago-based Conagra will deepen its focus on frozen foods and healthy snacks going forward, CEO Sean Connolly said in a ...

An iconic brand will soon be sold alongside its Pennsylvania plant. Conagra Brands announced plans Thursday to sell the ...

Conagra Brands is selling Chef Boyardee to Brynwood Partners and portfolio company Hometown Foods for $600 million. The deal ...