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Campbell Soup Co. is in the process of signing an agreement to sell its Bolthouse Farms fresh produce brands for about $ 500 million to a group led by the former managing director of the troubled division, according to regulars. negotiations, much less for the company seven years ago.
At the time, the soup maker was trying to expand to fast-growing grocery sectors. But handling fresh produce has proven to be harder for Campbell to handle than for its packaged food brands, and the company is now focusing again on …
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