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Lady Godiva

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So who’s going to buy Godiva chocolates? No, not the boxes in the store — the business unit up for sale by Campbell Soup Co. (NYSE:CPB) The world’s biggest maker of bulk chocolate, Barry Callebaut, AG, in Zurich, just said no, turning down $500 million in annual sales. Lindt & Spruengli AG, the Swiss manufacturer of Ghirardelli chocolates, is looking into it, Bloomberg News reports. Analysts say bidders may pay as much as $1 billion for the Godiva.
- Jane M. Von Bergen

Posted by phillyinc on September 13, 2007 4:48 PM |

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