- Kraft Heinz (NASDAQ:KHC) is quite interested in buying Campbell Soup (NYSE:CPB), expecting a sales process to start soon, the New York Post reports.
- An internal review that Campbell expected to discuss in late August is likely to wrap up with some kind of resolution planned, Post sources said: “It could be splitting or selling the company ... It has got to be something that is meaningful.”
- If it is for sale, General Mills (NYSE:GIS) could be a buyer as well, according to the report.
- Shares in Campbell Soup have fallen 21% over the past six months.
- Previously: Will Kraft Heinz make a play on Campbell Soup? (May. 21 2018)