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Campbell Soup Co. Completes Sale Of Kelsen Group To Ferrero Affiliate

Campbell Soup Co. says it has completed the sale of Kelsen Group to a Ferrero affiliated company for $300 million, subject to customary adjustments. Camden, New Jersey-based Campbell will use the proceeds from the divestiture, first announced in July, to reduce debt. Based in Nørre Snede, Denmark, Kelsen is a producer of baked snacks whose primary […]