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News Breaks | | | | September 13, 2012 | | 06:24 EDT |  | CPB | Campbell to expand baking and snacking business through acquisitions, WSJ says
Campbell Soup (CPB) CEO Denise Morrison says the company is considering acquisitions that would expand its baking and snacking business into more international markets, reports the Wall Street Journal. Reference Link | |
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News For CPB From The Last 14 Days Check below for free stories on CPB the last two weeks. |
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| June 17, 2013 | | 16:35 EDT |  | CPB | Campbell Soup to acquire Kelsen Group, terms not disclosed
Campbell Soup announced that it has entered into an agreement to acquire Kelsen Group A/S from Maj Invest, a private equity firm, and several other investors. Based in Nørre Snede, Denmark, Kelsen is a producer of baked snacks that are sold in 85 countries around the world. Its primary brands include Kjeldsens and Royal Dansk. Kelsen has established distribution networks in markets in Asia, South America, the Middle East and Africa as well as the United States. The terms of the transaction were not disclosed. Campbell expects the acquisition to be modestly accretive beginning in 2014. | | | June 14, 2013 | | 11:56 EDT |  | CPB | Campbell Soup management to meet with JPMorgan
Meeting to be held in Minneapolis on June 20 hosted by JPMorgan. | | | June 11, 2013 | | 07:25 EDT | | CPB | International Economic Forum of the Americas to host a forum
19th Conference of Montreal is being held in Montreal, Canada on June 10-13. | | | June 7, 2013 | | 09:04 EDT |  | CPB | Campbell Soup's July 24 analyst day will increase confidence, says Goldman
Goldman said recent management meetings increases its confidence that Campbell's Soup's long-term targets are on track and that the upcoming July 24 analyst day will increase investor confidence. Shares are Buy rated with a $50 price target. | |
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