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)
The post Campbell Soup to sell international and Fresh units: WSJ appeared first on One America News Network.
August 30, 2018 at 03:35PM
from One America News Network