Branded and private label food giant ConAgra is making a $4.9 billion offer to buy private label powerhouse Ralcorp, reports National Provisioner sister publication PLBuyer.

Smithfield Foods Inc. confirmed that the company and Pedro Ballve are currently evaluating a joint de-listing takeover bid to acquire the remaining approximate 50 percent of Campofrio Food Group, S.A. for €9.5 per share.