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Estimated read time: Less than a minute
Sept 30 — Hormel Foods on Wednesday said it will buy family-owned chicken company Brakebush Brothers in a deal valued at $1.06 billion, as the Skippy peanut butter maker looks to expand its presence in value-added chicken.
Consumers have increasingly sought protein-rich meal options amid growing demand for chicken as the focus on health and wellness grows.
(Reporting by Shania S Thomas in Bengaluru; Editing by Arun Koyyur and Sahal Muhammed)
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