Campbell Soup Co. plans to sell its international operations and refrigerated-foods business, abandoning efforts to expand into fresh food and leaving the door open to a full sale. Campbell is looking for buyers for its Bolthouse Farms, Garden Fresh, Arnott’s and Kelsen brands, which together generate $2.1 billion in annual revenue, the company said. The Wall Street Journal had reported those plans earlier Thursday.
Source: Wall Street Journal August 30, 2018 09:42 UTC