24/7 Wall St. recently looked at a number of large American companies, some of which are owned by foreign companies, to see which will disappear in 2011. It didn’t take long to come up with a list of familiar names such as Sara…
Bidders may be lining up for Sara Lee as private equity firm Apollo assembles an investor group to explore a possible offer and Brazilian meat-processor JBS considers coming back with a better deal.
Continue re…
Food and beverage company Sara Lee (SLE) has been in discussions to sell itself to Brazilian meat company JBS.
Talks have been taking place intermittently for several months, Reuters reported without naming its sources. The companies have disagreed o…
Sara Lee’s sale of its North American Bakery business to Mexico’s Grupo Bimbo is now fully baked. The company officially announced the deal today, saying it will allow Sara Lee to “aggressively invest in our core protein and co…
Sara Lee reportedly is close to cutting a deal to sell its North American bakery business to Grupo Bimbo for a sticker price of $900 million to $1 billion.
Continue reading Bake Sale: Sara Lee Close to Selling …