Post Holdings Acquires 8th Avenue For $880 Million, Boosts Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 04 2025
0mins
Source: Benzinga
Acquisition Details: Post Holdings, Inc. has entered into a definitive agreement to acquire 8th Avenue Food & Provisions, Inc. for approximately $880 million, which includes retiring outstanding net debt and financing through cash and credit borrowings. The deal is expected to close on July 1, 2025.
Strategic Benefits: The acquisition will enhance Post's product offerings in dry pasta, nut butters, and granola, contributing an estimated $115 million in adjusted EBITDA over the next year while also improving free cash flow generation and increasing the company's fiscal 2025 adjusted EBITDA guidance.
Analyst Views on FXG
Wall Street analysts forecast FXG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FXG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 64.580
Low
Averages
High
Current: 64.580
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
