- Campbell Soup (NYSE:CPB -0.5%) announces it will reorganize its business across lines of products instead of geographic segments.
- The three segments will be Americas simple meals and beverages, global biscuits and snacks, and packaged fresh.
- The company also reset its management team for each new division.
- Though M&A speculation persists on Campbell Soup, the new business split also sets its up for a spinoff in the future.
Campbell Soup reorganizes divisions
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