Campbell’s Soup to sell off divisions as activist investor calls for sale

by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.commoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastBetterBe20 Stunning Female AthletesBetterBeAuto InquirerA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedAuto Inquirer Alys Key Thursday 30 August 2018 3:36 pm Campbell’s Soup said today that it will sell two of its divisions as it faces pressure from investors to put the whole business up for sale.The food company, which was made iconic by Andy Warhol’s paintings of its tomato soup, plans to flog its international business as well as its fresh refrigerated foods unit. Share The global business includes brands such as Kettle Chips and Royal Dansk biscuit maker Kelsen, while the fresh foods unit is comprised of, among other products, Campbell’s refrigerated soup.Today’s announcement comes off the back of pressure from activist investor Dan Loeb. His hedge fund Third Point has been pushing for a sale of the company since it unveiled a 5.65 per cent stake earlier this month.Although Campbell’s said it had considered a sale of the entire business, chief executive Keith McLoughlin said that the current aim was the best path to shareholder value.“Our plan will build upon our existing strengths,” he said. “Our new leadership team will concentrate on significantly improving operational discipline through a rigorous management model that aligns the enterprise from strategy through execution.”But a full sale remains on the table as one of the strategic options open to the company.Read more: Activists at odds over RBS claims Campbell’s Soup to sell off divisions as activist investor calls for sale whatsapp Read This NextFox News’ Laura Ingraham Suggests Defunding the US Military Over CriticalThe WrapSmoking and Hair Loss: Are They Connected?VegamourTeammates, NFL execs expect Aaron Rodgers to do this in 2021SportsnautMore People Now Use YouTube Than Facebook or Instagram – What Happened?The WrapIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamour’The Harder They Fall’ Trailer: Jonathan Majors Seeks Revenge on Idris ElbaThe WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamour’The Blacklist’ Fans Are Not Happy They Didn’t Find Out What Was in ThatThe Wrap whatsapp

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