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Campbell Soup international business auction news

Kraft Heinz and Mondelez may be allowed in the second round.

Campbell Soup logo
Campbell Soup logo

According to a Reuters posting, Kraft Heinz Co. and Mondelez International Inc. have been short-listed to participate in the second round of the auction of Campbell Soup’s international business. Based on the first-round bids received, Reuters states, Campbell Soup could receive close to $3 billion for its international business. Campbell Soup could wrap up the auction in the first quarter of 2019.

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