Company completes spin-off of Lamb Weston business
November 11, 2016
Conagra Brands, Inc., formerly known as ConAgra Foods, Inc., has completed the previously announced separation of its Lamb Weston business. The company’s name change has also become effective.
Conagra Brands to be a diverse portfolio of brands; Lamb Weston to be a foodservice supplier of frozen potatoes
November 18, 2015
Immediately following the transaction, which is expected to be completed in the fall of 2016, ConAgra Foods shareholders will own shares of both independent companies. The transaction is expected to be structured as a spin-off of the Lamb Weston business, tax-free to the Company and its shareholders.
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