Sara Lee streamlines ahead of split with $350m coffee sale

Sara Lee streamlines ahead of split with $350m coffee sale

Sara Lee has continued its break-up with the sale of its North American coffee business for $350m (£218.6m) to JM Smucker. The deal comes as Sara Lee presses on with plans to split into two publicly traded companies – a US foodservice and meat business, and an international beverages business.

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