Market Currents
Kraft Foods (KRFT) has put its Breakstone dairy business up for sale, which could fetch ~$400M,...
-
Thursday, October 11, 2012, 6:12 PM ETKraft Foods (KRFT) has put its Breakstone dairy business up for sale, which could fetch ~$400M, and Mexico's Grupo Lala may be interested, Bloomberg reports. Analysts say such a sale could mark the start of a KRFT focus on its power brands; expect "ongoing pruning, especially if there is a slowdown and their leverage starts to get too high."
Other date
Latest Consumer Articles
