Sara Lee Considers Divestiture

Davis, Avram
March 2009
Mergers & Acquisitions Report;3/23/2009, Vol. 22 Issue 12, p1
The article reports on the plan of Illinois-based food company Sara Lee to divest its European household business segment. The conglomerate business plans to focus on its core business of food manufacturing and has even enlisted Goldman Sachs Group Inc. as its financial advisor if the plan materializes. The businesses to be included in the planned divestiture include its household and bodycare units. Potential bidders may include Unilever, Reckitt Benckiser Group, S.C. Johnson & Son Inc. and Colgate-Palmolive Co.


Related Articles

  • Streamlining Sara.  // Mergers & Acquisitions Report;5/4/2009, Vol. 22 Issue 18, p19 

    The article reports on the plan of the Downers Grove, Illinois-based foods company Sara Lee for a divestiture of its European household business segment. The core business of food manufacturing will be the main concentration of the company. The company also hired Goldman Sachs as its financial...

  • Tomorrow's Deals.  // Mergers & Acquisitions: The Dealermaker's Journal;May2009, Vol. 44 Issue 5, p12 

    The article reports that Sara Lee Corp., the Illinois-based foods company, is considering a divestiture of its European household business segment. The company will focus on its core business of food manufacturing and has enlisted Goldman Sachs & Co. as its financial adviser for a possible...

  • Johnson & Johnson. Investor's Business Daily // Investors Business Daily;12/4/2014, pA02 

    Johnson &

  • Sara Lee to Sell Non-Core Units. Feitelberg, Rosemary; Kletter, Melanie // WWD: Women's Wear Daily;05/31/2000, Vol. 179 Issue 105, p2 

    Reports on Sara Lee Corp.'s plan to spin-off Coach leather goods through an initial public offering, and sell Champion and the fabrics division of Courtaulds. Sara Lee's plan to focus on the intimates and underwear, food and beverage and household products segments; Company's plan to spin off...

  • Bursting at the seams. Jargon, Julie // Crain's Chicago Business;6/5/2006, Vol. 29 Issue 23, p4 

    This article reports that Hanes Corp. is about to get stretched. As parent Sara Lee Corp. readies the underwear maker for its spinoff into a new public company, it's figuring out how much debt to unload on it. Analysts peg the amount as high as $2.2 billion, a large sum considering Hanes'...

  • Sara Lee uses smart alternative to selling some valuable brands. Crain, Rance // Advertising Age;9/22/1997, Vol. 68 Issue 38, p25 

    This article focuses on the marketing strategy of Sara Lee Corp. to sell its manufacturing plants in order to concentrate on marketing its brands. What the company is doing, in essence is segregating marketing from manufacturing. The company's move comes after a bunch of companies announced they...

  • BRIEFINGS.  // DNR: Daily News Record;8/14/2006, Vol. 36 Issue 33, p10 

    The article offers news related to the apparel industry as of August 14, 2006. Warnaco has plans to restate its financial results for the fiscal year ended December 31, 2005 and the first quarter ended April 1, 2006. Barbara Cavanagh was named as senior-president of the consulting division at...

  • Sara Lee to sell U.S. textile operations. McCurry, John W. // Textile World;Oct97, Vol. 147 Issue 10, p24 

    Focuses on Sara Lee Corp.'s plans for a major restructuring program which will include the divestiture of a portion of its yarn and knit textile operations in the United States. Possible sale of the company's 13 textile manufacturing plants; Estimated cash flow benefits from the divestiture.

  • Sara Lee Splits in Two.  // Food Processing (00156523);Feb2011, Vol. 72 Issue 2, p14 

    The article focuses on the plan of Sara Lee Corp.'s board of directors to separate the company into a publicly traded companies which will comprise of one European focusing on coffee and one on North American focusing on deli meat, meanwhile, Marcel Smits was appointed as chief executive officer...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics