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Sara Lee May Move to Divest Household Brands

Chairman Barnes confirms there is interest in the $2.3 billion business.

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By: TOM BRANNA

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Sara Lee Corporation confirmed that it is reviewing strategic options for its international household & body care business after receiving expressions of interest. The company is currently considering all alternatives for the $2.3 billion segment, including the option to divest the business. “Our household and body care business has very strong brands, great distribution and a talented leadership team,” said Brenda C. Barnes, chairman and chief executive officer, Sara Lee Corporation in...

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