Sara Lee Corp. (SLE), the U.S. food maker planning to break itself up, said it’s evaluating strategic options for its international bakery and North American refrigerated dough units.
The moves will help Sara Lee’s two proposed separate businesses, which are focused on meat and coffee, gain “the best platform for a strong and independent future,” Sara Lee said in a statement today.
The international bakery unit operates in four countries and accounted for less than 10 percent of Sara Lee’s $10.8 billion in sales in the year ended June 2010. The 72-year-old maker of Ball Park hot dogs said in January that it will split itself in two, spinning off its meat brands like Jimmy Dean and Hillshire Farms into a new public company by early 2012.
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