Cannae, In Partnership With KDSA Investment Partners, Enters Agreement To Acquire Majority Stake In The Watkins Company, A Flavoring Products Company; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Cannae Holdings, in partnership with KDSA Investment Partners, has agreed to acquire a majority stake in The Watkins Company, a flavoring products company. The deal aims to drive growth and innovation in Watkins' product portfolio. The transaction is expected to close in October 2024.
October 07, 2024 | 8:13 pm
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Cannae Holdings is acquiring a majority stake in The Watkins Company, which could enhance its growth prospects in the flavoring products market. The deal is expected to close in October 2024.
The acquisition of a majority stake in The Watkins Company by Cannae Holdings is a strategic move to expand its portfolio in the flavoring products market. This could lead to increased growth and innovation, positively impacting CNNE's stock price in the short term.
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