Sara Lee has chosen Hillshire Brands Company as the new name for its North American business. Sara Lee will become two independent pure-play, publicly-traded companies on June 28, 2012. DE
Tag "Sara Lee"
Sara Lee expects to complete the spin-off of its international Coffee & Tea business by the end of June 2012. Post spin-off, the Coffee & Tea business will be domiciled
Sara Lee has acquired Tea Forte, a US-based leader in the ultra-premium tea category, for an undisclosed sum. The deal is in line with Sara Lee’s plans to divide the
Sara Lee, the US-based food and beverage group, is acquiring CoffeeCompany, a leading Dutch cafe store operator. The acquisition will boost Sara Lee’s branding platform and strengthen its presence in
US-based food group Sara Lee has completed the Eur115 million sale of its fresh bakery business in Spain and Portugal to Mexico’s Grupo Bimbo. The agreement includes all Sara Lee
Sara Lee and its Norwegian joint venture partner, Kaffehuset Friele, have agreed to acquire the House of Coffee business, a leading food service provider of beverage solutions to offices and
Grupo Bimbo has just completed the acquisition of Sara Lee’s fresh bakery business in North America. The deal, which has an enterprise value of $959 million, was originally announced in
Sara Lee is reported to be in negotiations to sell Eurodough, its French baked goods unit, as part of the US-based group’s strategy to divest its international bakery businesses. With
Sara Lee has agreed to sell its fresh bakery businesses in Spain and Portugal to Mexico’s Grupo Bimbo for €115 million ($154 million) in cash. The deal includes all Sara
Sara Lee has decided to divest its Spanish bakery and French refrigerated dough businesses. A sales process is underway and numerous bids have been received. The Australian frozen desserts business
US-based food and beverage group Sara Lee has decided to spin-off its International Coffee and Tea business, rather than spinning off its North American business. At the start of the
The world’s largest beef producer JBS Group of Brazil is reported to be preparing an offer of $21 a share for Sara Lee, which would value the US-based food and
Despite a 0.8% drop in net sales to $10.8b, reflecting lower volume sales and prices, Sara Lee increased operating income by 88.6% to $918m in its 2010 financial year, driven
US and international food and beverage group Sara Lee has announced that Brenda Barnes is stepping down permanently from the positions of chairman and chief executive so she can continue
US-based food, household and body care products group Sara Lee has completed the sale of its air care operation to Procter & Gamble for Eur320m. The disposal is part of
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