Campbell to sell fresh food unit for about $500 million to former executive – WSJ

(Reuters) - Campbell Soup Co is nearing a deal to sell its fresh food unit's Bolthouse Farms for about $500 million to a group led by the former chief executive officer of the brand, the Wall Street Journal reported https on Thursday. Former Bolthouse Chief Executive Officer Jeff Dunn, who was leading the group of investors, is working with private-equity firm Butterfly Equity and has entered into exclusive talks with the U.S. food company for Campbell's fresh food unit, the Journal said, citing people familiar with the matter

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