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Tyson seals US$ 7.7 billion deal to buy Hillshire

Hillshire Brands Co. has officially signed a US$ 7.7 billion deal with Tyson Foods, ending a long battle at a time when a lot of companies in the food sector are trying to improve their positions in supermarkets.

The deal will put Jimmy Dean and Ball Park sausages, as well as other meat products from Hillshire, under one roof at Tyson, the largest meat processor in the USA in sales terms. Tyson is the largest processor of poultry meat in the United States and one of the largest in the beef and pork sectors.

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