Campbell Soup to sell international and Fresh units: WSJ

August 30, 2018

(Reuters) – Campbell Soup Co <CPB.N> has decided to sell its international businesses and Fresh refrigerated-foods unit, the Wall Street Journal reported 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)

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August 30, 2018 at 03:35PM
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