
Sara Lee may mull acquisitions to drive growth
June 18, 2009
By Bloomberg.com
June 18, 2009 – Sara Lee Corp. may consider acquisitions to
fuel growth in its food and coffee divisions, says chairman and CEO Brenda Barnes.
June 18, 2009 – Sara Lee Corp. may consider acquisitions to
fuel growth in its food and coffee divisions, says chairman and CEO Brenda Barnes.
Sara Lee, which plans to cut at least $250 million in costs
over two years, is in a position to handle a large purchase,
Barnes, 55, said yesterday in an interview in New York. The
company has simplified its technology systems, gotten out of
underperforming businesses, and introduced better products based
on consumer research during the past four years, she said. | READ MORE
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