NEWS WATCH: KRAFT TO SELL NONCORE PRODUCT LINES...

KRAFT TO SELL NONCORE PRODUCT LINESnnounced it had agreed to sell various grocery assets to a new company to be named CanGro Foods, led by two private equity groups. The products include Aylmer, Primo and Ideal brand foods and have an estimated 2005 revenue of $260 million. Kraft plans to shed those assets, as well as five manufacturing plants, as part of its sustainable growth plan.FDA ALLOWS BARLEY

KRAFT TO SELL NONCORE PRODUCT LINES

nnounced it had agreed to sell various grocery assets to a new company to be named CanGro Foods, led by two private equity groups. The products include Aylmer, Primo and Ideal brand foods and have an estimated 2005 revenue of $260 million. Kraft plans to shed those assets, as well as five manufacturing plants, as part of its sustainable growth plan.

FDA ALLOWS BARLEY HEALTH CLAIM

ROCKVILLE, Md. - Products containing barley may

Register to view the full article