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Tag "spin-off"

Sara Lee Moves Closer to Coffee and Tea Business Spin-off

    Sara Lee Moves Closer to Coffee and Tea Business Spin-off

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

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Irene Rosenfeld to Lead Kraft’s Global Snacks Company

    Irene Rosenfeld to Lead Kraft’s Global Snacks Company

In the next step toward dividing into two public companies, Kraft Foods has announced the appointments of the heads of the future global snacks and North American grocery businesses. Irene

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Fortune Brands Spirits Business to be Renamed Beam

    Fortune Brands Spirits Business to be Renamed Beam

Following the expected spin-off of its home and security business on October 3rd, Fortune Brands remaining spirits operation will be renamed Beam. The spin-off company will operate as Fortune Brands Home

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Kraft Foods to Split into Two Businesses

    Kraft Foods to Split into Two Businesses

Kraft Foods intends to spin-off of its North American grocery business to shareholders. The move will create two independent public companies – a high-growth global snacks business with estimated revenue

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Sara Lee to Spin-off International Coffee and Tea Business

    Sara Lee to Spin-off International Coffee and Tea 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

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