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Press Releases

Campbell and a Ferrero Affiliated Company Sign Definitive Agreement for Sale of Kelsen Group for $300 Million

CAMDEN, N.J.–(BUSINESS WIRE)–Jul. 12, 2019– Campbell Soup Company (NYSE: CPB) announced today that it has signed a definitive agreement for the sale of Kelsen Group to a Ferrero affiliated company for $300 million, subject to customary purchase price adjustments. Proceeds from the divestiture will allow Campbell to reduce debt. Based in Nørre Snede, Denmark, Kelsen…