Diamond Foods Inc will buy Pringles from Procter & Gamble Co for $1.5 billion in stock, snagging a global brand that will more than triple the size of its snack foods business. Pringles, known for its potato chips sold in more than 140 countries, will give Diamond a wider access to international markets and also more than double its sales in the United States and the UK. Shares of Diamond Foods rose as much as 12 percent on Tuesday.
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