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.
Campbell Soup international business auction news
Kraft Heinz and Mondelez may be allowed in the second round.
Dec 28th, 2018
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