Deal Detail

International Home Foods to ConAgra Foods, Inc.

EV / LTM EBITDA

8.5x

EV / LTM Sales

Enterprise Value

$2.9B

Primary Source

Fairness Opinion

Comparable Transactions

Packaged Foods transactions announced in the five years to June 2000. 2 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Jun 2000	Bestfoods Corporation	Unilever plc	-	-	14.3x	Strategic
Jun 2000	Nabisco Holdings Corp.	Philip Morris Companies Inc.	-	2.1x	13.2x	Strategic

Source-specific multiples and notes for this transaction.

Comp	Primary?	Source Type	Source	Source Advisor	Source Year	EV (USD)	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
	Primary	Fairness Opinion	HNZ FO	Moelis	2013	$2.9B	-	8.5x	-	-	Open