(Reuters) – Campbell Soup Co is nearing a deal to sell its fresh foods unit, including Bolthouse Farms, for about $500 million to a group led by the former chief executive officer of the unit, the Wall Street Journal reported.
Former Bolthouse Chief Executive Officer Jeff Dunn, who was leading the group of investors, is working with private-equity firm Butterfly Equity and has entered into exclusive talks with the U.S. food company for Campbell’s fresh food unit, the Journal said, citing people familiar with the matter.
The two sides could announce a...
Wake Up To Breaking News!
No matter where you go, there you are.