August 30, 2018 / 10:00 AM / 20 days ago

Campbell Soup to sell international and Fresh units -WSJ

Aug 30 (Reuters) - Campbell Soup Co has decided to sell its international businesses and Fresh refrigerated-foods unit, the Wall Street Journal reported here on Thursday, following a months-long strategic review and pressure from hedge fund investors to sell the whole company.

The Journal said the two businesses to be sold currently bring in $2.1 billion in annual revenue under brands including Bolthouse Farms, Arnott’s and Kelsen. (Reporting by Harry Brumpton and Aishwarya Venugopal Editing by Bill Rigby and Patrick Graham)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below