Ackman-Backed Frozen-Food Firm Aims to Rebound From Stumbles

  • Nomad Foods sales, profit slump amid competition, supply woes
  • Company is ready to seek more deals in U.S., Europe, CEO says

Nomad Foods Ltd., the worst-performing European consumer stock in the past year, is on the hunt for another acquisition as the Bill Ackman-backed company seeks greater scale to stem a decline in sales.

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