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    Conagra CEO says he expects to have update on strategic review in early 2027

    Picture of Conagra Brands logoConagra Brands
    15/07/2026 16:19
    Conagra CEO says he expects to have update on strategic review in early 2027
    
    LONDON, July 15 (Reuters) - Hunt's ketchup maker Conagra Brands' CAG.N new CEO John Brase said on Wednesday he expects to give more details of a portfolio review in early 2027, and ruled out "meaningful" acquisitions until the food manufacturer's debt was lower.
    Speaking to Reuters after halving the company's dividend and announcing plans to review non-core assets, he said he will not walk away from three main divisions — frozen and snacking, which he said are growth drivers, and staples, which generates cash.

     (Reporting by Alexander Marrow; Writing by Josephine Mason; Editing by Jan Harvey)
     ((Josephine.Mason@thomsonreuters.com; +44 207 542 7695; Reuters Messaging: josephine.mason.reuters.com@reuters.net))

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