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Investindustrial Is Said in Talks for TreeHouse Meal-Prep Unit

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Investindustrial's Bonomi on TreeHouse Deal, Growth Strategy

Private equity firm Investindustrial is in exclusive talks to buy TreeHouse Foods Inc.’s meal-prep business, according to people familiar with the matter.

A deal may value the business at about $1.3 billion including debt, said one of the people, who asked to not be identified because the matter isn’t public. A final agreement hasn’t been reached and talks could fall through, the people said.