Barry Callebaut is a major player in the chocolate business. They are the global leader in bulk chocolate, which means that they supply most of the chocolate manufacturers. A few minutes ago they announced that they are selling their consumer division to Natra a Spanish company. If the deal goes through they will focus solely on B2B transactions.
When this deal was announced both companies stock prices increased Barry by 4.6% and Natra by 7.6%. http://money.cnn.com/news/newsfeeds/articles/djf500/200903030704DOWJONESDJONLINE000282_FORTUNE5.htm
Callebaut is focusing on supplying the chocolate to all manufacturers. with the economy the way it is many companies will be refocusing their core business. This is a good idea.
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