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CPB - Campbell Soup Co News Story

$47.4 0.6  1.3%

Last Trade - 6:16pm

Sector
Consumer Defensives
Size
Large Cap
Market Cap £11.09bn
Enterprise Value £14.34bn
Revenue £6.82bn
Position in Universe 576th / 6400

BRIEF-Campbell Soup to acquire Kelsen Group

Mon 17th June, 2013 9:33pm
June 17 (Reuters) - Campbell Soup Co  CPB.N : * To acquire Kelsen Group to expand its international presence and drive baked snacks growth in China * Says terms of the transaction were not disclosed * Says plans to operate Kelsen as a standalone business based in Denmark * Says expects the acquisition to be modestly accretive beginning in 2014. * Says Bruun & Hjejle in Denmark and King & Wood Mallesons in Hong Kong served as campbell's legal counsel * Entered into an agreement to acquire Kelsen Group A/S from Maj Invest, a private equity firm, and several other investors * Source text for Eikon  ID:nBw176583a  * Further company coverage  CPB.N  ((Bangalore Newsroom; +1 646 223 8780))
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