Tyson Foods, Inc. · NYSE:TSN
Tyson Foods — Merger or Acquisition (April 2017)
11 slides from Tyson Foods's merger presentation, Apr 25, 2017
Slide 1: Acquisition of AdvancePierre Investor Presentation
Acquisition of AdvancePierre Investor Presentation April 2017
Slide 2: Forward-Looking Statements
Forward-Looking Statements This communication contains forward-looking statements, including statements regarding the expected consummation of the acquisition, which involve a number of risks and uncertainties, including the satisfaction of closing conditions for the acquisition (such as regulatory
Slide 3: Forward-Looking Statements: Additional Information and Where to Find It
Forward-Looking Statements ADDITIONAL INFORMATION AND WHERE TO FIND IT The tender offer referenced in this communication has not yet commenced. This announcement is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell securities, nor is it a subs
Slide 4: Transaction Overview
Transaction Overview • Tender offer to acquire all AdvancePierre outstanding common shares for $40.25 per Summary and share in cash Terms • Enterprise value of ~$4.2 billion, including $3.2 billion in equity value and $1.1 billion in assumed debt • Not subject to financing condition Financing • Comm
Slide 5: Compelling Strategic Rationale
Compelling Strategic Rationale SUSTAINABLY FEED THE WORLD WITH FASTEST GROWING PORTFOLIO OF PROTEIN-PACKED BRANDS GROWING OUR PORTFOLIO OF DELIVERING SUSTAINABLE PROTEIN-PACKED BRANDS FOOD AT SCALE > Expands prepared foods offering by joining > AdvancePierre’s strength in foodservice complementary
Slide 6: Logical Next Step in Strategy
Logical Next Step in Strategy • Expands Tyson’s prepared foods offerings with AdvancePierre’s portfolio of ready-to-eat lunch Expands prepared and dinner sandwiches, sandwich components, entrees, and snacks foods offering; joins • Broadens Tyson’s competitive position across poultry, beef and pork c
Slide 7: Complementary Portfolios of Strong Brands
Complementary Portfolios of Strong Brands 7
Slide 8: Strong Today and Leading for Tomorrow
Strong Today and Leading for Tomorrow NEW BRANDS, NEW CAPABILITIES, NEW GEOGRAPHIES Natural extension of our Consolidated Enhanced distribution supply chain manufacturing footprint channels Leading foodservice brands with Leading supplier to national and Reaching a broader cross- high operator/distr
Slide 9: Driving Financial Results
Driving Financial Results CREATES SIGNIFICANT SYNERGIES • Expected to result in cost synergies of approximately $200 million to be fully realized within three years • Cost synergies created by consolidated manufacturing footprint, lower input pricing, and addressing redundant foodservice and retail
Slide 10: Tyson and AdvancePierre Combine to Create Long-Term Value
Tyson and AdvancePierre Combine to Create Long-Term Value Next step in growth strategy and opportunity to refine the shape of our portfolio Financially compelling; expected to be immediately accretive to Tyson EPS based on $200 million in cost synergies Significant value for AdvancePierre shareholde
Slide 11: Thank You
€3) Thank Tyson You