<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Strauss Group ownership changes · Brandtree</title><link>https://brandtree.org/company/strauss-group</link><atom:link href="https://brandtree.org/company/strauss-group/feed.xml" rel="self" type="application/rss+xml"/><description>Acquisitions, divestitures and ownership changes involving Strauss Group.</description><item><title>Acquisition: PepsiCo — Sabra</title><link>https://brandtree.org/deal/pepsico-acquires-sabra-2024</link><guid>https://brandtree.org/deal/pepsico-acquires-sabra-2024</guid><pubDate>Tue, 03 Dec 2024 00:00:00 GMT</pubDate><description>PepsiCo bought the Strauss Group out of Sabra for $241 million in cash, ending the joint venture through which the two had run the largest hummus brand in the United States, and making it a wholly owned subsidiary. Consolidating it produced a $122 million pre-tax gain, the accounting effect of remeasuring the half PepsiCo already held at fair value.</description></item></channel></rss>